Yum! Brands, Inc. (YUM) CEO David Gibbs on Q2 2021 Results - Earnings Call Transcript

Jul. 29, 2021 12:30 PM ETYum! Brands, Inc. (YUM)
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Yum! Brands, Inc. (NYSE:YUM) Q2 2021 Earnings Conference Call July 29, 2021 8:00 AM ET

Company Participants

Jodi Dyer - Vice President, Investor Relations and Chief Financial Officer, Digital & Technology

David Gibbs - Chief Executive Officer

Chris Turner - Chief Financial Officer

Conference Call Participants

John Glass - Morgan Stanley

Dennis Geiger - UBS

John Ivankoe - JPMorgan

Brian Bittner - Oppenheimer

David Palmer - Evercore ISI

Jeffrey Bernstein - Barclays

Jon Tower - Wells Fargo

David Tarantino - Baird


Good morning, and welcome to the Second Quarter 2021 Yum! Brands, Incorporated Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] Please note this event is being recorded.

I'd now like to turn the conference over to Jodi Dyer, Vice President of Investor Relations and CFO, Digital & Technology. Please go ahead.

Jodi Dyer

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 could cause our actual results to differ materially from these statements. 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 earnings release and the risk factors included in our filings with the SEC.

In addition, please refer to our earnings releases and relevant sections of our filings with the SEC to find disclosures and reconciliations of non-GAAP financial measures that may be used on today's call. Please note the following regarding our

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