Yum! Brands, Inc. (YUM) CEO David Gibbs on Q1 2021 Results - Earnings Call Transcript

Yum! Brands, Inc. (NYSE:YUM) Q1 2021 Earnings Conference Call April 28, 2021 8:15 AM ET

Company Participants

Gavin Felder - Chief Strategy Officer and Interim Head, Investor Relations
David Gibbs - Chief Executive Officer
Chris Turner - Chief Financial Officer
Dave Russell - Senior Vice President and Corporate Controller

Conference Call Participants

David Palmer - Evercore ISI
John Glass - Morgan Stanley
Dennis Geiger - UBS
David Tarantino - Baird
John Ivankoe - JPMorgan
Jon Tower - Wells Fargo
Brian Bittner - Oppenheimer
Sara Senatore - Bernstein

Operator

Good morning, and welcome to the First Quarter 2021 Yum! Brands, Incorporated Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.

I'd now like to turn the conference over to Gavin Felder, Chief Strategy Officer and Interim Head of Investor Relations. Please go ahead.

Gavin Felder

Thanks, operator. Good morning, everyone, and thank you for joining us. On our call today are David Gibbs, our CEO; Chris Turner, our Chief Financial Officer; and Dave Russell, our Senior Vice President and Corporate Controller. Following remarks from David and Chris, we'll open the call to questions.

Before we get started, I would like to remind you that this conference call includes forward-looking statements. Forward-looking statements are subject to future events and uncertainties that cause our actual results to differ materially from these statements. We're going to do our best to provide our current thinking about the impact of the COVID-19 pandemic on our business. But obviously, this situation is completely unprecedented and evolving, so any forward-looking remarks should be considered in light of the uncertainty regarding the severity and duration of the pandemic and the variables that will be impacted as a result. All forward-looking statements are made only as of the date of this announcement and should be considered in conjunction with the cautionary statements in our