Yum! Brands’ Management Meeting Highlights 
<p>Analysts at RBC Capital provided their views on <a href='https://financialmodelingprep.com/financial-summary/YUM'>Yum! Brands, Inc. (NYSE:YUM)</a> following their meeting with the company’s management, including CFO Chris Turner. </p>
<p>According to the analysts, the company’s restaurant development remains top of mind for investors, particularly as unit growth in Q2 remained at the 6% level (ex-Russia impact), above the company's ongoing/long-term target of 4-5%. </p>
<p>Driving the company’s confidence in its unit growth—which accounts for more than half of ongoing aggregate system sales growth—is the combination of compelling unit economics (despite recent inflationary pressures); pipeline visibility; and, over the last year-plus, the company’s ability to navigate broader development headwinds, including equipment supply chain issues. </p>
<p>Furthermore, the company pointed to the composition of its franchisee base, which it sees as a competitive advantage, given the focus of its large, well-capitalized franchisees on long-term growth, rather than short-term volatility.</p>

NYSE:YUM