Financial

Q4 Comparable Store Sales Up 5% Globally, Led by 6% Comp Growth in the U.S. and 5% Comp Growth in China

Dunkin' U.S. comparable store sales growth of 1.5% – Baskin-Robbins U.S. comparable store sales growth of 3.6%

Continues nationwide expansion and signs seven new franchise agreements in Q3

Earnings Per Diluted Share (GAAP) Increased 5.4% – Adjusted Earnings Per Diluted Share (Non-GAAP) Increased 1.3% – Total Revenues, Excluding Advertising Revenues, Increased 21.8%

Earnings per diluted share, on a GAAP basis, in the first quarter of fiscal 2020 decreased 39.1% to $0.39 compared to $0.64 in the first quarter of fiscal 2019 primarily due to the fiscal 2019 net gain recognized on sale leaseback transactions

Yum! Brands, Inc. (NYSE: YUM) reported results for the third-quarter ended September 30, 2019. Worldwide system sales excluding foreign currency translation grew 8%, with 7% net-new units and 3% same-store sales growth. Third-quarter GAAP EPS was $0.81, a decrease of (42)%. Third-quarter EPS excluding Special Items was $0.80, a decrease of (23)%.

Total revenues were $586.5 million in the third quarter of fiscal 2019 compared to $575.2 million in the third quarter of fiscal 2018. Net income and diluted net income per share were $16.1 million and $0.36, respectively, in the third quarter of fiscal 2019.

RBI announces system-wide sales growth of nearly 9% and continued restaurant expansion around the world – BURGER KING® achieves its highest quarterly comparable sales growth since 2015 – POPEYES® records one of its strongest comparable sales growth results in nearly two decades – RBI refinances existing $1,250 million 1st Lien Notes due 2022, generating significant interest savings

Revenue increased 14.6% to $1.4 billion – Comparable restaurant sales increased 11.0%, net of 10 bps from loyalty deferral, and included nearly 7.5% of comparable restaurant transactions growth

System-wide comparable restaurant sales increased 1.0%; Company-operated comparable restaurant sales increased 0.4%. Company-operated comparable restaurant sales were comprised of average check growth of 4.1%, including modest menu mix growth, mostly offset by a transaction decline of 3.7%;