Yum! Brands Reports Fourth-Quarter Results and Increases Dividend

2025 Q4 and Full-Year Taco Bell Same-Store Sales Growth of 7%; KFC Record Development with over 1,100 New Store Builds in Q4 and Nearly 3,000 in 2025 Yum! Brands, Inc. (NYSE: YUM) today reported results for the fourth quarter and year ended December 31, 2025. Fourth-quarter GAAP operating profit grew 12%, and fourth-quarter Core Operating Profit excluding the lap of the 53rd week grew 11%. Fourth-quarter GAAP EPS was $1.91, and EPS excluding Special Items was $1.73. Full-year GAAP operating profit grew 7%, and full-year Core Operating Profit excluding the lap of the 53rd week grew 7%. Full-year GAAP EPS was $5.55, and EPS excluding Special Items was $6.05, an increase of 10%. LEADERSHIP COMMENTS Chris Turner, CEO, said “Yum! delivered another year of outstanding results at KFC and Taco Bell with our fundamentals stronger than ever at both brands. Taco Bell again gained market share with standout same-store sales performance, and KFC delivered another record-breaking year of unit