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August 5, 2025
Yum Brands has missed the mark on its Q2 earnings for the period ended June 30.
The company was expected to earn per share $1.44 adjusted versus the expected $1.46. Revenue was down to $1.93 billion versus $1.94 billion expected.
Net sales rose 10% to 1.93 billion, while the brand reported second-quarter earnings of $374 million, or $1.33 per share. That’s up from $367 million — or $1.28 per share — during this period in 2024.
Yum’s sale-store sales rose 2% during Q2 based on its international markets.
Still, KFC continues to struggle with its U.S. sale store sales dropping 5%. The brand brought in a new president of KFC U.S., Catherine Tan-Gillespie, in April.
Pizza Hut’s same store sales fell 1% globally. The brand’s U.S. same-store sales fell 5% during Q2.
Taco Bell’s same-store sales grew by 4%. Internationally, sale-store sales increased 4% during Q2.
The company’s restaurant count rose 3% driven by KFC international openings.
“Our second-quarter results are a testament to the power of our bold food innovation, digital transformation, and the strength of our iconic brands,” David Gibbs, CEO, said in the earnings report. Gibbs will step down as CFO Chris Turner takes the reigns as CEO effective Oct. 1.
“Taco Bell U.S. meaningfully outpaced the category with 4% same-store sales growth, and KFC International opened 565 gross new units. I am confident that with our strong development across the system, improving value propositions and exciting new uses of our proprietary, integrated tech stack, Yum is well positioned to win in an ever-changing consumer landscape. As I reflect on my incredible 36-year journey with Yum, it’s been a joy to bring our iconic brands to consumers around the world in collaboration with our world-class franchise partners and team members. Yum is in an enviable position with the very best talent and leaders in this industry at the helm of our global brands. I couldn’t be more confident passing the torch to Chris Turner, whose deep understanding of our business and bold vision will continue to propel Yum! forward.”
