Yum Brands reported 6% year-over-year system sales growth in the first quarter, with digital sales approaching $11 billion and reaching a record 63% mix, the company said in its earnings release.
The company opened 1,030 gross new units during the quarter, including 648 KFC locations across 45 countries. Unit count increased 5%, while GAAP operating profit rose 17% and core operating profit grew 6%, according to the release.
Chris Turner, Chief Executive Officer at Yum Brands, said the company’s growth was supported by brand strength and technology investments. “Yum! is incredibly well positioned to sustain sales momentum thanks to strong global consumer appeal for our brands, long-term consumption tailwinds, and our tech and AI capabilities,” Turner said in the earnings statement.
