百胜餐饮集团公司战略会议素材共29页文档

3,200
4,047
27,254
640 35,141
2000
China
YRI Other
Franchise
2010
Note: 2010 Units as of third quarter, excludes license units. Other includes U.S. Company and Franchise and YRI Company units.
4
Yum!: Truly Global
INT’L 22%
U.S. 78%
U.S.
35%
INT’L
65%
1998
2010F
Operating Profit Source
Note: Numbers are Approximate
5
Consistent Financial Performance
EPS Growth
5 Year Average Total Shareholder Return 16%
1%
Yum! Brands
S&P 500
Source: Bloomberg
Note: Total Shareholder Return includes the split adjusted stock price appreciation plus dividends reinvested for the 5 year period
TRANSFORMING THE BUSINESS MODEL
Emerging Markets
High Return
Stronger Growth
Tim Jerzyk, SVP Investor Relations January 2011
Forward Looking Statements
This presentation will include forward-looking statements that reflect management’s expectations based on currently available data. However, actual results are subject to future events and uncertainties. The information in the presentation related to projections or other forward-looking statements which may cause actual results to differ materially are subject to the safe harbor statement posted on our Web site
百胜餐饮集团公司战略 会议素材
6、纪律是自由的第一条件。——黑格 尔 7、纪律是集体的面貌，集体的声音， 集体的 动作， 集体的 表情， 集体的 信念。 ——马 卡连柯
8、我们现在必须完全保持党的纪律， 否则一 切都会 陷入污 泥中。 ——马 克思 9、学校没有纪律便如磨坊没有水。— —夸美 纽斯
10、一个人应该：活泼而守纪律，天 真而不 幼稚， 勇敢而 鲁莽， 倔强而 有原则 ，热情 而不冲 动，乐 观而不 盲目。 ——马 克思
and Build Strong Brands Everywhere
Dramatically Improve U.S. Brand Positions, Consistency and Returns
Drive Industry-Leading, Long-Term Shareholder
and Franchisee Value
$0.00
Note: Split-adjusted (May 2007 2-for-1 stock split) quarterly dividend.
9
Model Evolution to High Return Businesses
Number of World-wide Restaurants
10
Strong Global Portfolio Generates Double-Digit EPS Gro
On-going EPS Growth Model
~2% 13% +1% <1% +3% +7%
China
YRI Taco Bell Other CF- Modeled U.S. U.S. Driven Growth
15%
15%
14%
14%
14%
13% 13%
13%
13%
’02
’03
’04
’05
’06
’07
’08
’09 ’10 F
Note: Prior to special items and the initial impact of expensing stock options in 2005.
Reconciliation of Non-GAAP measurements to GAAP results found on yum.
6
Consistently Strong ROIC; Among Industry Leader
20.5%
19.9%
18.5% 18.4% 17.7%
18.3% 18.0%
18.9% 18.6%
'01 '02 '03 '04 '05 '06 '07 '08 as Generated Superior Shareholder Return
2
Powerful Global Portfolio of Brands
3
Yum! Strategies
Build Leading Brands in China in Every
Significant Category
Drive Aggressive International Expansion
ending September 30, 2010
8
Consistent Dividend Growth
$0.30
On September 14th 2010 19% increase
6th Annual Increase!
$0.25
$0.20 $0.15
Doubled
$0.10 Initiated $0.05