Yum! Brands, Inc. (NYS: YUM)
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Yum! Brands, Inc. (NYS: YUM) General Company Information Principal Office Website 1441 Gardiner Lane Louisville, KY 40213www.yum.com USA Phone Primary NAICS 502 874-8300 722211 : Limited-Service Restaurants Fax Closing Stock Price 502 874-8790 71.48 (as of 09/09/2013) Auditor Incorporated KPMG LLP 1997 , NC, United States Number of Employees Mergent Dividend Achiever 523,000 (Year End Average Staff as ofNo 12/29/2012) Country Number of Shareholders United States 65,133 (as of 02/12/2013) Exchange and Ticker Annual Meeting NYS : YUM In May Primary SIC 5812 : Eating places Business Summary Yum! Brands is a service restaurant company. Through the three concepts of KFC, Pizza Hut and Taco Bell, Co. develops, operates, franchises and licenses a worldwide system of restaurants which prepare, package and sell a menu of food items. Co.'s business consists of six operating segments: YUM Restaurants China, which includes mainland China; YUM Restaurants International, which includes the remainder of Co.'s international operations; the U.S., which consists of Taco Bell U.S., KFC U.S., and Pizza Hut U.S.; and YUM Restaurants India, which includes India, Bangladesh, Mauritius, Nepal and Sri Lanka. As of Dec 29 2012, Co. had about 39,000 units in more than 125 countries and territories. Company Details Pricing Summary Time Period: 1 week Yesterday 5 Days 30 Days Close 71.48 69.84 74.4 Volume 3,323,516.002,633,502.00N/A 52 Week High/Low : 74.82 - 62.08 % Price Change (100 Days) : 5.51 200-Day Moving Avg. : 69.85 Company News 3:09PM, 10 September 2013 - McDonalds (MCD) And KFC (YUM) See China Sales Fall: Why Is One Beating The Other? - Teknowledge - International Business Times 1:48PM, 10 September 2013 - KFC Yum Center hosts just one concert in July, posts operating loss - Bizjournals 11:03AM, 10 September 2013 - Inequality's Threat to Our Fiscal Future - PolicyShop 8:45AM, 10 September 2013 - Smaller KFC Yum! Center arena tax district could raise more revenue - courier-journal 6:28AM, 10 September 2013 - Fast- Food Workers Are Right: Raise the Minimum Wage - TheStreet.com 4:21AM, 10 September 2013 - Yum! Brand sees same-store sales continue to fall - China Economic Net 2:57PM, 9 September 2013 - Are store additions by food retail chains sustainable? - Business Standard 2:52PM, 9 September 2013 - Yum China's August same-store sales below expectations - Resturant News 2:14PM, 9 September 2013 - Analysts: Yum May be Struggling in China and 3 Other Research Notes to Look Over - Wall St. Cheat Sheet 6:04PM, 8 September 2013 - Slumping Retail Sales Suggest China Is Tipping Into Recession - Forbes Corporate Events Earnings Announcement Data - October 08 2013 : On Oct. 8 2013, Co. announced its 3rd quarter earnings after market (tentative). Earnings Announcement Data - October 08 2013 : On Oct. 8 2013, Co. announced its 3rd quarter earnings after market (verified). Earnings Announcement Data - October 09 2013 : On Oct. 9 2013, Co. announced its 3rd quarter earnings after market (inferred). Earnings Announcement Data - October 09 2013 : On Oct. 9 2013, Co. announced its 3rd quarter earnings after market (tentative). Earnings Announcement Data - July 10 2013 : On July 10 2013, Co. announced its 2nd quarter earnings after market (tentative). Earnings Announcement Data - July 10 2013 : On July 10 2013, Co. announced its 2nd quarter earnings after market (verified). Conference Call Announcements - July 11 2013 : On July 11 2013, Co. scheduled a conference call at 9:15 am. Key Executives David Novak Age Salary Chairman,Chief Executive Officer 60 1,450,000 Jing-Shyh Su Age Salary Vice-Chairman,Division Officer 60 1,088,462 Richard Carucci Age Salary President 56 877,692 Christian Campbell Age Salary Senior Vice President,Chief Franchise 62Policy Officer,Secretary,General509,231 Counsel Jonathan Blum Age Senior Vice President 54 Key Financials (In USD as of 06/15/2013) Income Statement Revenue 13,161m Net Income 1,426m EPS from Continuing Operations 3.06 EPS - Net Income - Diluted 3.06 Revenue per Share 28.99 Balance Sheet Total Assets 8,764m Total Liabilities 6,541m Shareholders' Equity 2,223m Total Assets per Share 19.61 Net Assets per Share 4.97 Cash Flows Cash from Operations 2,099m Cash from Investing -819m Cash from Financing -1,764m Capital Expenditures 1,165m Cash Flow per Share 4.52 Financial Highlights Financial Highlights as of 12/29/2012 in USD Income Statement (In Thousan ds) Total Revenue 13,633,000 EBITDA 2,876,000 Operating Income 2,095,000 Net Income 1,597,000 Revenue per Share 29.65 EPS from Continuing Operations 3.38 EPS - Net Income - Diluted 3.38 Share Outstanding 451,000 Weighted Average Shares Outstanding - Diluted 461,000 Weighted Average Shares Outstanding - Basic 473,000 Earnings per Share - Basic 3.46 Balance Sheet (In Thousan ds) Total Assets 9,011,000 Current Assets 1,909,000 Total Liabilities 6,798,000 Long Term Debt 2,932,000 Stockholders' Equity 2,154,000 Total Assets per Share 19.98 Current Liabilities 2,188,000 Net Assets per Share 4.91 Cash Flow Statement (In Thousan ds) Cash from Operations 2,294,000 Cash from Investing (1,005,000) Cash from Financing (1,716,000) Capital Expenditures 1,099,000 Cash Flow per Share 4.85 Cash & Cash Equivalents, Beginning of Year 1,198,000 Cash & Cash Equivalents, End of Year 776,000 Stock Price and Valuation (Data as of 09/09/2013) Market Cap(mil) 31,896 Share Outstanding(000's) 446,225 PE Ratio 23.3595 Dividend Per Share(TTM) 1.34 Earning Per Share(TTM) 3.12 Last Closing Price 71.48 Previous Trading Day Range 70.14 - 71.71 52 Week Range 62.08 - 74.82 7 Day Average Closing Price 70.11 30 Day Average Closing Price 71.63 200 Day Average Closing Price 69.85 Beta 0.9 High Price Last 3 Mos. 74.82 Low Price Last 3 Mos. 68.1 Avg Daily Volume Last 3 Mos. 2,619,424.92 Management Effectiveness Revenue per Employee 26,139.00 Net Income per Employee 3,062.00 ROA % (Net) 17.95 ROE % (Net) 80.53 ROI % (Operating) 41.05 Profitability Ratios Gross Margin 27.73 Operating Margin 15.37 EBITDA Margin % 21.1 Calculated Tax Rate % 25.6 Profit Margin (TTM) 11.71 Valuation Ratios Price/Earnings (TTM) 18.65 Price/Book (TTM) 13.19 Price/Cash Flow(TTM) 12.97 Asset Management Total Asset Turnover 1.53 Receivables Turnover 46.58 Inventory Turnover 33.62 Property Plant & Equip Turnover 3.3 Cash & Equivalents Turnover 13.85 Debt Management Interest Coverage 14.06 Long Term Debt/Equity 1.36 Long Term Debt as % of Invested Capital 57.54 Total Debt/Equity 1.37 Accounts Payable Turnover 19.59 Accrued Expenses Turnover 14.26 Liquidity Indicators Quick Ratio 0.49 Current Ratio 0.87 Net Current Assets as % of Total Assets (3.10) Free Cash Flow per Share 2.6 Revenue to Assets 1.51 Consensus Estimates 2013Ae 2013Q3e 2013Q4e Earnings Per Share 3.06 0.93 0.87 Revenue 13,413.00 3,517.00 4,438.17 EBITDA 2,717.00 771 806 Property Co. owns its principal executive offices in Louisville, KY. As of Dec. 29, 2012, Co.'s restaurant concepts, consisting of KFC, Pizza Hut and Taco Bell, owned nearly 900 units and leased land, building or both for nearly 6,700 units worldwide. These units are further detailed as follows: Co.'s China Division leased land, building or both in more than 4,500 units; Co.'s International Division (YRI) owned more than 100 units and leased land, building or both in more than 1,000 units; Co.'s U.S. Division owned more than 700 units and leased land, building or both in more than 1,000 units; and Co.'s India Division leased land, building or both in more than 100 units. Co.'s China Division leases their corporate headquarters and research facilities in Shanghai, China. The Pizza Hut U.S. and YRI corporate headquarters and a research facility in Plano, TX are owned by Pizza Hut. Taco Bell leases its corporate headquarters and research facility in Irvine, CA. The KFC U.S. and a research facility in Louisville, KY are owned by the Co. In addition, Co. leases office facilities for the U.S. Division shared service center in Louisville, KY. Principal Executive Offices 1441 Gardiner Lane Louisville, KY 40213 United States Subsidiaries SUBSIDIARY NAME PERCEN COUNTRY T OWNED Subsidiaries Subsidiaries ABR Insurance Company 100% United States A.C.N. 002 543 286 Pty. Ltd. 100% Australia A.C.N. 002 812 151 Pty. Ltd. 100% Australia A.C.N. 003 007 690 Pty. Ltd. 100% Australia A.C.N. 003 190 163 Pty. Ltd. 100% Australia A.C.N. 003 190 172 Pty. Ltd. 100% Australia A.C.N. 003 273 854 Pty. Ltd. 100% Australia A.C.N. 004 240 046 Pty. Ltd. 100% Australia A.C.N. 005 041 547 Pty. Ltd. 100% Australia A.C.N. 009 064 706 Pty. Ltd. 100% Australia A.C.N.010 355 772 Pty. Ltd. 100% Australia A.C.N. 054 055 917 Pty. Ltd. 100% Australia A.C.N. 084 994 374 Pty. Ltd. 100% Australia A.C.N. 085 239 961 Pty. Ltd. (SA1) 100% Australia A.C.N. 085 239 998 Pty. Ltd. (SA2) 100% Australia A.C.N. 103 640 393 Pty. Ltd. 100% Australia Ashton Fried Chicken Pty. Ltd. 100% Australia Baotou Little Sheep Jingchen Catering Co.,Ltd100% China (Peoples Rep. Of) Baotou Little Sheep Mutton Co., Ltd 100% China (Peoples Rep.