Yum China Holdings, Inc. (YUMC)

The company now

Yum China reported second-quarter 2026 revenue of $3.1 billion, up 13 percent from a year earlier, and operating profit of $348 million 1.

Revenue growth excluding currency effects was 6 percent, and same-store sales, which compare restaurants open in both periods, rose 1 percent 1.

Same-store transactions grew 5 percent, the 14th consecutive quarter of growth, while delivery made up about 54 percent of company sales 1.

In August 2026 the company completed its purchase of the Pizza Hut brand in Mainland China for $1.2 billion in cash, financed by a bridge loan of about the same size 2.

Before that, it paid its former parent YUM a license fee of 3 percent of net system sales for Pizza Hut, and that fee ends for the brand 2.

Chief executive Joey Wat said the company expects the savings in license fees to support margin expansion, with Pizza Hut's restaurant margin approaching KFC's 1.

The open question is the second half, which the chief executive said brings tougher comparisons after last year's delivery platform subsidies 1.

As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.