YUMC

Yum China Holdings (YUMC) said Friday its board will consider declaring a quarterly dividend on or a

SHANGHAI, July 17, 2026 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") today announced, in compliance with the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "HKEX") which require advance notice of board meetings at which a dividend is expected to be declared, that its board of directors (the "Board") will consider the declaration and payment of a quarterly dividend (the "Dividend"). If the Board decides to proceed, the declaration will be adopted by Board resolution on or around July 30, 2026 (Beijing/Hong Kong Time) and will be promptly disclosed by the Company. The Company makes available through the Investor Relations section of its internet website at http://ir.yumchina.com its filings with the HKEX as soon as reasonably practicable after electronically filing such materials with the HKEX. These filings may also be obtained by visiting the HKEX's website at http://www.hkex.com.hk. As no Board resolution in relation to the Dividend has been adopted as of the date of this press release, there is no assurance that the Dividend will be declared. Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. We intend all forward-looking statements to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the fact that they do not relate strictly to historical or current facts and by the use of forward-looking words such as "expect," "expectation," "believe," "anticipate," "may," "could," "intend," "belief," "plan," "estimate," "target," "predict," "project," "likely," "will," "continue," "should," "forecast," "outlook" or similar terminology. These statements are based on current estimates and assumptions made by us in light of our experience and perception of historical trends, current conditions and expected future developments, as well as other factors that we believe are appropriate and reasonable under the circumstances, but there can be no assurance that such estimates and assumptions will prove to be correct. Forward-looking statements are not guarantees of performance and are inherently subject to known and unknown ris...

SHANGHAI, July 10, 2026 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") today announced that it will report its unaudited financial results for the second quarter ended June 30, 2026 before the U.S. market opens on Thursday, July 30, 2026 (after the trading hours of the Hong Kong Stock Exchange on Thursday, July 30, 2026). Yum China's management will hold an earnings conference call at 7:00 a.m. U.S. Eastern Time on Thursday, July 30, 2026 (7:00 p.m. Beijing/Hong Kong Time on Thursday, July 30, 2026). A live webcast of the call may be accessed at https://edge.media-server.com/mmc/p/zubr6dix. To join by phone, please register in advance through the link provided below. Upon registering, you will be provided with participant dial-in numbers and a unique access PIN. Pre-registration Link: https://register-conf.media-server.com/register/BI611346d62d61456ca32d90b61aca7523 A replay of the webcast will be available two hours after the event and will remain accessible until July 29, 2027. Earnings release and accompanying slides will be available at the Company's Investor Relations website http://ir.yumchina.com. About Yum China Holdings, Inc. Yum China is the largest restaurant company in China with a mission to make every life taste beautiful. The Company operates over 18,000 restaurants under six brands across over 2,600 cities in China. KFC and Pizza Hut are the leading brands in the quick-service and casual dining restaurant spaces in China, respectively. In addition, Yum China has also partnered with Lavazza to develop the Lavazza coffee concept in China. Little Sheep and Huang Ji Huang specialize in Chinese cuisine. Taco Bell offers innovative Mexican-inspired food. Yum China has a world-class, digitalized supply chain which includes an extensive network of logistics centers nationwide and an in-house supply chain management system. Its strong digital capabilities and loyalty program enable the Company to reach customers faster and serve them better. Yum China is a Fortune 500 company with the vision to be the world's most innovative pioneer in the restaurant industry. For more information, please visit http://ir.yumchina.com. Investor Relations ContactTel: +86 21 2407 7556E-mail: [email protected] Media ContactTel: +86 21 2407 3824E-mail: [email protected] View original content:https://www.prnewswire.com/news...

It has been about a month since the last earnings report for Yum China Holdings (YUMC). Shares have lost about 11.2% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Yum China due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Yum China reported first-quarter 2026 results, with earnings meeting and revenues surpassing the Zacks Consensus Estimate. On a year-over-year basis, both top and bottom lines increased.First-quarter results were supported by solid performance at both KFC and Pizza Hut, backed by growth in system sales and same-store transactions. Strong delivery momentum, rapid store expansion and operational efficiencies also aided performance during the quarter. Yum China reported adjusted earnings per share of 87 cents, in line with the Zacks Consensus Estimate. The bottom line increased 13% year over year.Total revenues of $3.27 billion topped the consensus mark of $3.25 billion by 0.7% and rose 10% from the prior-year quarter.System sales, excluding foreign currency impacts, increased 4% year over year. Same-store sales matched the prior-year level, while same-store transactions rose 2%, marking the 13th consecutive quarter of growth. Delivery sales jumped 31% year over year and accounted for nearly 54% of total company sales. Total costs and expenses increased 9% year over year to $2.82 billion. Restaurant margin declined 40 basis points year over year to 18.2%, mainly due to higher rider costs associated with increased delivery mix, partly offset by streamlined operations.Operating profit rose 12% year over year to a first-quarter record of $447 million. Operating margin expanded 30 basis points year over year to 13.7%, marking the eighth consecutive quarter of expansion.Adjusted EBITDA increased to $568 million from $514 million reported in the prior-year quarter.Yum China also continued to expand aggressively during the quarter. The company opened 636 net new stores, more than double the prior-year level and an all-time quarterly high. Total store count reached 18,737 units as of March 31, 2026. KFC’s revenues increased 9% year over year to $2.45 billion. System sales grew 5%, while same-store sales...

Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Yum China (NYSE:YUMC) and the best and worst performers in the traditional fast food industry. Traditional fast-food restaurants are renowned for their speed and convenience, boasting menus filled with familiar and budget-friendly items. Their reputations for on-the-go consumption make them favored destinations for individuals and families needing a quick meal. This class of restaurants, however, is fighting the perception that their meals are unhealthy and made with inferior ingredients, a battle that's especially relevant today given the consumers increasing focus on health and wellness. The 12 traditional fast food stocks we track reported a strong Q1. As a group, revenues beat analysts’ consensus estimates by 1.4%. While some traditional fast food stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 2.9% since the latest earnings results. One of China’s largest restaurant companies, Yum China (NYSE:YUMC) is an independent entity spun off from Yum! Brands in 2016. Yum China reported revenues of $3.27 billion, up 9.7% year on year. This print exceeded analysts’ expectations by 2%. Overall, it was a satisfactory quarter for the company with an impressive beat of analysts’ revenue estimates but a slight miss of analysts’ same-store sales estimates. Total system sales grew 4% year over year ("YoY"), excluding foreign currency translation ("F/X"). Same-store sales reached 100% of the prior year's level. Unsurprisingly, the stock is down 8.6% since reporting and currently trades at $43.25. Is now the time to buy Yum China? Access our full analysis of the earnings results here, it’s free. With a name that translates into ‘The Crazy Chicken’, El Pollo Loco (NASDAQ:LOCO) is a fast food chain known for its citrus-marinated, fire-grilled chicken recipe that hails from the coastal town of Sinaloa, Mexico. El Pollo Loco reported revenues of $126.2 million, up 5.9% year on year, outperforming analysts’ expectations by 3.2%. The business had a stunning quarter with an impressive beat of analysts’ EBITDA and revenue estimates. The market seems content with the results as the stock is up 4.4% since reporting. It currently trades at $14.11. Is now the time to...

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.5% and the actively trad

Yum China Holdings recently reported first-quarter 2026 results, with revenue rising to US$3.27 billion, net income reaching US$309 million, and ongoing cash returns to shareholders through dividends and buybacks. The company’s rapid expansion to 18,737 restaurants and continued dividend of US$0.29 per share underline management’s confidence in its growth and cash-generation profile. We’ll now examine how Yum China’s stronger quarterly earnings and faster store rollout might influence its existing investment narrative. The best AI stocks today may lie beyond giants like Nvidia and Microsoft. Find the next big opportunity with these 16 smaller AI-focused companies with strong growth potential through early-stage innovation in machine learning, automation, and data intelligence that could fund your retirement. To own Yum China, you need to believe its large, fast-growing restaurant base and digital ecosystem can offset rising cost pressures and intense local competition. The latest quarter supports this view, with higher revenue and earnings alongside quicker store openings, but it does not materially change the near term focus on same store sales resilience and delivery driven margin pressure as the key catalyst and risk. The most relevant update here is the company’s continued share repurchases, with US$214 million spent in the first quarter of 2026 and 26.34% of shares bought back since 2017. For investors watching how Yum China balances rapid expansion with returns of capital, this ongoing buyback sits alongside the rising dividend and reinforces the existing debate around reinvestment, cost inflation and long term profitability. Yet investors should be aware that rising delivery and labor costs could still pressure margins if transaction growth does not keep pace... Read the full narrative on Yum China Holdings (it's free!) Yum China Holdings' narrative projects $14.1 billion revenue and $1.2 billion earnings by 2029. This requires 6.2% yearly revenue growth and about a $271 million earnings increase from $929.0 million today. Uncover how Yum China Holdings' forecasts yield a $62.54 fair value, a 30% upside to its current price. Six fair value estimates from the Simply Wall St Community range from US$43.54 to US$62.54, underlining how far views on Yum China can diverge. When you set those against the recent acceleration in store openings and still tight m...

Image source: The Motley Fool. Wednesday, April 29, 2026 at 7 a.m. ET Chief Executive Officer — Joey Wat Chief Financial Officer — Adrian Ding Chief Communications Officer — Florence Lip Joey Wat: Hello, everyone, and thank you for joining us. Once again, we delivered solid results in a dynamic environment, reflecting the successful execution of our RGM 3.0 strategy, which balances resilience, growth and moat. In quarter 1, revenue grew 10% and operating profit increased 12% in reporting currency, supported by a positive foreign exchange impact. We opened 636 net new stores, more than 1/3 of our full year target and ahead of schedule. Even as we accelerated store expansion to capture market opportunities, we maintained a dual focus on same-store sales growth and system sales growth. Same-store sales growth was slightly positive, though rounded to 0. Same-store transaction grew for the 13th consecutive quarter. Excluding foreign exchange impact, system sales grew 4%, operating profit increased 6% and operating profit margin expanded 20 basis points year-over-year. This marks the eighth consecutive quarter in which we delivered growth across all 3 metrics at the same time. By brand, KFC remained resilient. Same-store sales grew 1%, the fourth consecutive quarter of growth. System sales increased by 5% and restaurant margins remained very healthy at 19.1%. Pizza Hut continued to grow in scale and profitability, delivering 18% operating profit growth on top of 27% growth in quarter 1 last year, both in reporting currency. Same-store transactions grew for the 13th consecutive quarter, while restaurant margins improved 60 basis points year-over-year to 15%. I would like to say a big thank you to our team for delivering solid results in this fast-changing environment. We maintain a strong focus on innovation and operational efficiency. Let me share a few updates on our key initiatives, and then I will hand it over to Adrian to go through our results in more detail. It always begins with good food and great value. During Chinese New Year, we offered a wide range of options to cater to both group gatherings and solo diners. At KFC, in addition to our signature Golden Bucket, we launched classic limited time offers LTOs such as Shrimp Burger, beef wrap and Win Bucket to drive additional traffic. Building on last year's hugely successful LTO campaign, Crackling Golden...

As you might know, Yum China Holdings, Inc. (NYSE:YUMC) recently reported its first-quarter numbers. It was a credible result overall, with revenues of US$3.3b and statutory earnings per share of US$0.87 both in line with analyst estimates, showing that Yum China Holdings is executing in line with expectations. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. After the latest results, the 30 analysts covering Yum China Holdings are now predicting revenues of US$12.7b in 2026. If met, this would reflect a reasonable 5.1% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to increase 5.6% to US$2.92. In the lead-up to this report, the analysts had been modelling revenues of US$12.6b and earnings per share (EPS) of US$2.91 in 2026. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results. See our latest analysis for Yum China Holdings There were no changes to revenue or earnings estimates or the price target of US$61.60, suggesting that the company has met expectations in its recent result. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. The most optimistic Yum China Holdings analyst has a price target of US$76.00 per share, while the most pessimistic values it at US$56.00. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view. Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. The analysts are definitely expecting Yum China Holdings' growth to accelerate, with the forecast 6.9% annualised growth to the end of 2026 ranking favourably alongside historical growth of 5.1% per annum over the past five years...

This article first appeared on GuruFocus. Revenue Growth: 10% increase in Q1 2026. Operating Profit Growth: Increased by 6% excluding foreign exchange impact. Operating Profit Margin: Expanded by 20 basis points year over year. Net New Stores: 636 net new stores opened in Q1 2026. Same-Store Sales Growth: Slightly positive, rounded to zero. KFC Same-Store Sales Growth: 1% increase, fourth consecutive quarter of growth. KFC System Sales Growth: 5% increase. KFC Restaurant Margin: 19.1%. Pizza Hut Operating Profit Growth: 18% increase in reporting currency. Pizza Hut Restaurant Margin: Improved by 60 basis points to 15%. System Sales Growth: 4% increase excluding foreign exchange impact. Net Income: $309 million, flat year over year. Diluted EPS: $0.87, 7% higher year-over-year. Cash Returned to Shareholders: $316 million in Q1 2026. Franchise Portfolio: Exceeded 2,500 stores at the end of Q1 2026. Warning! GuruFocus has detected 4 Warning Sign with KKPNF. Is YUMC fairly valued? Test your thesis with our free DCF calculator. Release Date: April 29, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Yum China Holdings Inc (NYSE:YUMC) reported a 10% revenue growth in the first quarter of 2026, with operating profit increasing by 6% excluding foreign exchange impacts. The company opened 636 net new stores, achieving more than one-third of its full-year target ahead of schedule. KFC's same-store sales grew for the fourth consecutive quarter, with system sales increasing by 5% and maintaining healthy restaurant margins at 19.1%. Pizza Hut delivered an 18% operating profit growth, with same-store transactions growing for the 13th consecutive quarter and restaurant margins improving by 60 basis points year over year. Yum China Holdings Inc (NYSE:YUMC) is on track to reach 20,000 stores by the end of 2026, with franchisees contributing significantly to new store openings. Same-store sales growth was slightly positive but rounded to zero, indicating challenges in achieving significant growth in existing locations. The company faced increased rider costs due to a higher delivery mix, impacting restaurant margins by 190 basis points. Cost of sales increased by 40 basis points year over year, driven by strong value-for-money offerings and higher delivery-related packaging costs. Pizza Hut's ticket average decreased by...

Performance was driven by the RGM 3.0 strategy, balancing resilience and growth to achieve an eighth consecutive quarter of simultaneous growth in system sales, operating profit, and margins. KFC maintained resilience through 'hero products' and innovative side-by-side modules like KCOFFEE and KPRO, which provide incremental sales with lower investment costs. Pizza Hut reached a strategic inflection point, prioritizing margin expansion following years of sales-focused turnaround efforts, resulting in a 15% restaurant margin. The company accelerated store openings to record levels, utilizing flexible formats and franchisee partnerships to capture opportunities in lower-tier cities and highway service stations. Management attributes margin resilience to enhanced operational efficiency and rental optimizations, which helped offset significant headwinds from a higher delivery sales mix. Strategic focus remains on 'good food and great value,' using menu innovation to address underserved customers and stabilize pricing in a competitive environment. Management expects sequential improvement in same-store sales growth for Q2 2026, supported by positive traffic trends observed in April. The KCOFFEE expansion target has been accelerated to 5,000 locations by year-end 2027, reaching the original goal two years ahead of schedule. Full-year 2026 guidance remains intact, targeting a same-store sales index of 100 to 102 and high single-digit operating profit growth. Margin pressure from rider costs is expected to moderate in the second half of 2026 as year-over-year delivery mix comparisons normalize. The company is on track to return $1.5 billion to shareholders in 2026, with plans to return approximately 100% of annual free cash flow after subsidiary dividend payments to noncontrolling interest starting in 2027. Rider costs now account for nearly 30% of total labor costs, driven by the delivery sales mix increasing from 42% to 54% year-over-year. Interest income decreased by $10 million due to lower cash balances following aggressive shareholder returns and lower prevailing interest rates. The situation in the Middle East is expected to have limited impact on 2026 cost of sales as the majority of procurement contracts are already secured. Pizza Hut's cost of sales was impacted by the 'All-You-Can-Eat' campaign and higher packaging costs associated with increased delivery...

Yum China Holdings (YUMC) came out with quarterly earnings of $0.87 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.77 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -0.29%. A quarter ago, it was expected that this restaurant operator in China would post earnings of $0.35 per share when it actually produced earnings of $0.4, delivering a surprise of +14.29%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Yum China, which belongs to the Zacks Retail - Restaurants industry, posted revenues of $3.27 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 0.73%. This compares to year-ago revenues of $2.98 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Yum China shares have lost about 0.8% since the beginning of the year versus the S&P 500's gain of 4.3%. While Yum China has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Yum China was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy)...