Yum! Brands, Inc. reported strong financial results for the fourth quarter and full year 2024. Fourth-quarter GAAP EPS was $1.49, and EPS excluding Special Items was $1.61. For the full year, GAAP EPS was $5.22, and EPS excluding Special Items was $5.48, reflecting a 6% increase.

David Gibbs, CEO, highlighted the strong growth in core operating profits, with Taco Bell U.S. achieving 5% same-store sales growth in Q4 and KFC International adding over 2,000 net new units. Chris Turner, CFO, noted the opening of 4,535 new stores globally and the company’s digital progress, with digital sales up 15%. Yum! also launched Byte by Yum!, a proprietary AI-driven digital ecosystem to streamline operations across its restaurants.

In strategic news, Yum! promoted Scott Mezvinsky to KFC Division CEO, announced new concepts like Saucy by KFC and Taco Bell’s Live Más Cafe, and introduced a new Pizza Hut restaurant design.