2013 Annual Report
View the interactive 2013 Annual Report.
2013 CSR Report
View the Yum! 2013 Corporate Social Responsibility report and see how we are becoming the defining global company that feeds the world.
Full-year Earnings Per Share (EPS) declined 9% to $2.97 per share in 2013, excluding Special Items. While we're obviously disappointed with our overall results in 2013, we’re pleased with the progress we’ve made in our China business and with our strong international development. For the full year, we opened over 1,950 new international restaurants, including more than 80% in high-growth emerging markets. In 2014, we’re well positioned for a strong bounce-back year, primarily driven by our expected same-store sales recovery at KFC in China. This sales recovery, combined with our positive development momentum and the improvements we’ve made to our business give us confidence in our ability to deliver at least 20% EPS growth in 2014 and re-establish our track record of double-digit EPS growth.
- 2014 Barclays Retail and Consumer Discretionary Conference
- RBC Capital Markets 2014 Consumer and Retail Conference
- Q4 2013 Earnings Call