Quarterly ResultApr 29, 2026, 07:07 AM
YUM Q1 EPS Ex-Items $1.50 (+15%); System Sales +6%; Taco Bell SSS +8%
AI Summary
Yum! Brands, Inc. reported solid first-quarter 2026 results, with EPS excluding special items increasing 15% year-over-year to $1.50. Worldwide system sales grew 6% excluding foreign currency translation, driven by strong performance at Taco Bell and KFC. The company achieved a record digital system sales mix of 63%, approaching $11 billion, and reiterated its long-term growth algorithm.
Key Highlights
- YUM Q1 EPS excluding Special Items was $1.50, a 15% increase year-over-year.
- Worldwide system sales grew 6% excluding foreign currency translation; GAAP Operating Profit rose 17%.
- Digital system sales approached $11 billion, achieving a record digital mix of 63%.
- Taco Bell Division system sales grew 10% (ex-FX) with 8% same-store sales growth.
- KFC Division system sales grew 6% (ex-FX) with 2% same-store sales growth.
- Pizza Hut Division system sales were flat (ex-FX) with flat same-store sales.
- Global unit count increased 5%, adding 1,030 gross new restaurants in the quarter.