![YUM BRANDS INC [YUM] reports annual net loss of $1.6 billion](/_next/image?url=https%3A%2F%2F10kinfo-appdata.s3.us-west-2.amazonaws.com%2Fedgar0105%2FCompanyLogos%2FUS%2FYUM.png&w=3840&q=75)
YUM BRANDS INC [YUM] reports annual net loss of $1.6 billion
Company Reports Revenue of $7.1 billion
YUM BRANDS INC [YUM] has reported a net loss of $1.6 billion for year ended Dec 31, 2023.
The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $7.1 billion
Based in LOUISVILLE, Kentucky, YUM BRANDS INC operates in the RETAIL sector.
Total revenues for the 12 months ended December 31, 2023, amounted to $7,076 million, showing an increase compared to $6,842 million in the same period in 2022 and $6,584 million in 2021.
Costs and expenses, net, including company restaurant expenses, general and administrative expenses, franchise and property expenses, franchise advertising, and other services expenses, refranchising gain/loss, and other income or expenses, totaled $4,758 million for the current period. This marks a rise from $4,655 million in 2022 and $4,445 million in 2021.
