Yum! Brands, Inc. (YUM) Presents at Barclays 19th Annual Global Consumer Staples Conference Transcript

SA Transcripts 162.13K Followers Follow Yum! Brands, Inc. ( YUM ) Barclays 19th Annual Global Consumer Staples Conference September 9, 2026 7:30 AM EDT Company Participants Ranjith Roy - Chief Financial Officer Conference Call Participants Jeffrey Bernstein Presentation Jeffrey Bernstein Good morning, everyone, and thank you for joining us. My name is Jeff Bernstein, and I'm the restaurant and foodservice distribution analyst here at Barclays. I should say with news of my plans to retire actually at the end of this month, I'm the outgoing analyst with the next analyst still to be named. But after 25 years covering the restaurant and food service distribution sector, it actually makes me a little sad to be here over these 3 days. I feel like Barclays have thrown me a fantastic going-away party. So thank you all for joining us this morning. I should just mention that this is Day 2. We're excited to have 14 restaurant and food service distribution analysts here -- distribution companies here over the 3 days. So just as a recap, we did have Cheesecake Factory, BJ's Restaurants and Kura Sushi here yesterday. And today, we've got 10 led by Yum!, but otherwise, we have Bloomin' and Dine Brands, First Watch, Performance Food Group, Restaurant Brands, Sysco, Texas Roadhouse, Wendy's, US Foods and Wingstop and then Performance Food Group all by themselves tomorrow. We hope you find the conference a good use of time. We get a chance to chat in the halls between meetings. But at this point, I'd love to introduce our first presenting company, which is Yum! Brands. So with us on stage, we have Ranjith Roy, the CFO of Yum! Brands. By way of background, for those not familiar, Yum! is a multinational quick service portfolio comprised of 3 brands: KFC, Taco Bell and The Habit Burger Grill, having recently sold off their Pizza Hut business in a successful transaction earlier this year.