U.S. COMPANY FILING
YUM BRANDS INC — Form 10-Q filed 2026-05-06
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Yum Brands reported Q1 2026 revenue of $2.059B, up 15% YoY, and net income of $432M, up 71%. Diluted EPS was $1.55, up 72%. The company completed the Taco Bell Southeast U.S. acquisition of 128 restaurants and recorded a $44M litigation settlement gain. Effective tax rate dropped to 16.2% due to new tax law and reorganization. Risks include IRS dispute of $2.1B and India regulatory penalty.
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