Yum! Brands (YUM) Revenue — Quarter Ended Mar 31, 2024
Revenue declined in the first quarter of 2024 compared to the prior quarter and the same quarter last year. The decrease was steeper sequentially than on an annual basis.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue declined in the first quarter of 2024 compared to the prior quarter and the same quarter last year. The decrease was steeper sequentially than on an annual basis.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.6B
Revenue reported for this quarter.
Quarter-over-quarter
-21.5%
Change from the immediately preceding quarter.
Year-over-year
-2.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$7B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2023 | $1.7B | +3.1% |
| Sep 30, 2023 | $1.7B | +4.1% |
| Dec 31, 2023 | $2B | +0.8% |
| Mar 31, 2024 | $1.6B | -2.9% |
Revenue performance
Total revenues fell from the preceding quarter and from the year-ago period.
Quarterly comparison
The quarter's revenue was lower than the immediately preceding quarter and also below the same quarter one year earlier.
What to watch
Monitor whether the revenue decline continues in subsequent quarters.