Yum China Holdings, Inc.

Yum China Holdings, Inc. reported strong second quarter 2026 results, with total revenues increasing 13% to $3.1 billion and operating profit growing 14% to a record $348 million. Diluted EPS rose 21% to $0.70. The company continued its expansion, opening 560 net new stores, and is on track to acquire the Pizza Hut brand in Mainland China in August 2026. Yum China also returned $402 million to shareholders during the quarter and reaffirmed its 2026 outlook.

Yum China Holdings, Inc. has entered into a Membership Interest Purchase Agreement with Yum! Brands, Inc. to acquire all issued and outstanding membership interests of Willow Glade Investments, LLC. This acquisition will grant Yum China the intellectual property and related rights for the Pizza Hut brand in the People’s Republic of China. The transaction is valued at $1.2 billion in cash, which Yum China plans to fund through a combination of cash and debt financing, with closing anticipated in the third quarter of 2026.

Yum China Holdings, Inc. announced it has entered into a definitive agreement to acquire ownership of the Pizza Hut brand in Mainland China from Yum! Brands, Inc. for a cash consideration of $1.2 billion. This acquisition will eliminate license fees previously payable to Yum! Brands, enhancing Pizza Hut China's store economics and margins, and is expected to be immediately accretive to diluted EPS starting in 2026. The company targets expanding Pizza Hut's footprint to over 6,000 stores by 2028 and doubling its operating profit by 2029 compared to 2024. Additionally, Yum China and Yum! Brands remain committed to the KFC brand, with KFC China targeting over 17,000 stores by 2028 and becoming eligible for a decade-long financial incentive.

Yum China Holdings, Inc. reported strong first-quarter results for 2026, with total revenues increasing by 9.7% to $3.27 billion. Net income attributable to Yum China Holdings, Inc. grew by 5.8% to $309 million, and diluted EPS rose by 13.0% to $0.87. The company also saw significant increases in operating profit and net cash provided by operating activities, alongside continued share repurchases and dividend payments.

Yum China Holdings, Inc. reported strong first-quarter 2026 results, with total revenues increasing 10% to $3.3 billion and operating profit growing 12% to a record $447 million. Diluted EPS rose 13% to $0.87. The company achieved an all-time quarterly high by opening 636 net new stores and expanded its operating profit margin for the eighth consecutive quarter. Yum China also returned $316 million to shareholders through buybacks and dividends, and remains on track to return $1.5 billion in 2026.

Yum China Holdings, Inc. announced on April 8, 2026, the issuance of its annual report for the fiscal year ended December 31, 2025. This report was released in compliance with the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited. The full report, containing comprehensive financial and operational details for the past fiscal year, is accessible via the HKEXnews website. This is a routine regulatory disclosure, providing updated information to investors on the Hong Kong exchange.