Yum! Brands
Q2 2023 Earnings Call
Aug 02, 2023, 8:15 a.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Hello, everyone, and welcome to the second quarter 2023 Yum! Brands, Inc. earnings conference call. My name is Emily, and I'll be coordinating your call today. [Operator instructions] I will now turn the call over to Jodi Dyer, vice president of investor relations.
Please go ahead, Jodi.
Jodi Dyer -- Vice President, Investor Relations
Thanks, operator. Good morning, everyone, and thank you for joining us. On our call today are David Gibbs, our CEO; Chris Turner, our CSO; 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, please note that this call includes forward-looking statements that 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 call 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 release and relevant sections of our filings with the SEC to find disclosures, definitions, and reconciliation of non-GAAP financial measures and other metrics used on today's call. Please note that during today's call, all system sales growth and operating profit growth results exclude the impact of foreign currency.
For more information on our reporting calendar for each market, please visit the Financial Reports section of our website. We are broadcasting this conference call via our website. This call is also being recorded and will be available for playback. Looking ahead, our third quarter earnings will be released on November 1, 2023, with the conference call on the same day.
Now I'd like to turn the call over to David Gibbs.
David Gibbs -- Chief Executive Officer
Thank you, Jodi, and good morning, everyone. At our investor day last December, we shared our long-term vision for Yum! to deliver accelerated global growth. I'm proud to say that our second quarter results are further evidence of our ability to execute against this vision. Two of Yum!'s differentiated capabilities are bold restaurant development engine, including 1,025 gross new units in the current quarter; and our distinctive digital capabilities, which drove record digital sales, fueled the second quarter 13% growth in system sales.