YUM
Market read
The latest filing evidence is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.
Invalidation: The isolated read changes if YUM's group or a disclosed connection begins moving with it.
Research brief
The latest filing evidence is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.
No thresholded adverse filing evidence is available yet.
Company research
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
No qualifying adverse evidence was identified; that is not proof there is no downside.
Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
“31 The quarterly increase in Company restaurant margin percentage was driven by same store sales growth and the margin percentages of restaurants acquired from franchisees, partially offset by higher labor and other restaurant operating costs and commodity in…”10-Q · May 6, 2026 ↗
“In 2026, we expect gross capital expenditures of approximately $400 million driven by technology initiatives and continued investments in Taco Bell, KFC and Habit Burger & Grill company restaurants, including regular maintenance of recently acquired restauran…”10-K · Feb 20, 2026 ↗
“The change was primarily driven by lower current year share repurchases and higher current year net borrowings.”10-Q · May 6, 2026 ↗
“Note 14 - Contingencies Internal Revenue Service Proposed Adjustment Following an Internal Revenue Service (“IRS”) audit for the 2013 to 2015 fiscal years, we were unable to resolve underpayments of tax that the IRS proposed resulting from that audit using th…”10-Q · May 6, 2026 ↗
Valuation discipline
Price/sales 4.8× · EV/sales 4.7×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
Jodie has not returned a relevant primary source or news item for YUM. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Latest filing assessment · baseline
10-Q filed 2026-05-06 against the comparable filing from 2025-05-07.
No thresholded deterioration was identified.
“G&A expenses $ 59 $ 55 (8) (6) Franchise and property expenses 17 11 (59) (56) Franchise advertising and other services expense 84 89 6 6 Operating Profit $ 64 $ 74 (14) (16) % Increase (Decrease) Unit Count 3/31/2026 3/31/2025 Franchise 19,809 19,763 — Company-owned 135 23 487 Total 19,944 19,786 1 32 Franchise and property revenues The quarterly decrease in Franchise and property revenues, excluding the impact of foreign currency translation, was primarily driven by the impact of our acquisitions of restaurants from franchisees.”
“G&A expenses $ 87 $ 80 (8) (4) Franchise and property expenses 19 16 (19) (12) Franchise advertising and other services expense 161 149 (8) — Operating Profit $ 383 $ 331 16 9 % Increase (Decrease) Unit Count 3/31/2026 3/31/2025 Franchise 33,815 31,524 7 Company-owned 517 474 9 Total 34,332 31,998 7 Company sales and Company restaurant margin % 30 The quarterly increase in Company sales, excluding the impacts of foreign currency translation, was driven by Company same-store sales growth of 5%, acquisitions of restaurants from franchisees and unit growth.”
“G&A expenses $ 53 $ 49 (8) (8) Franchise and property expenses 6 6 Even 1 Franchise advertising and other services expense 173 157 (10) (10) Operating Profit $ 281 $ 241 16 16 % Increase (Decrease) Unit Count 3/31/2026 3/31/2025 Franchise 8,346 8,218 2 Company-owned 675 505 34 Total 9,021 8,723 3 Company sales and Company restaurant margin % The quarterly increase in Company sales was driven by acquisitions of restaurants from franchisees, company same-store sales growth of 6%, and unit growth.”
Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.
Business ecosystem
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
“We are a party to a Master License Agreements (“MLA”) with Yum China, pursuant to which Yum China is the exclusive licensee of the KFC, Taco Bell and Pizza Hut Concepts and their related marks and other intellectual property rights for restaurant services in…”
Filing peers
Companies whose filings use similar operating language.
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What is moving around it
YUM is currently a Leader in the organic co-movement group Restaurants. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for YUM; it is not active in the latest market snapshot.
Context history
No durable theme membership has been observed for this name yet.