Yum! Brands Reports Solid Third-Quarter; System Sales Growth of 8%; Same-Store Sales Growth of 3%; GAAP Operating Profit Decline of (13)%; Core Operating Profit Growth of 6%

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)%.

Restaurant Brands International Inc. Reports Third Quarter 2019 Results

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