YUM China

Q2 FY2026 EarningsQ2 FY26 results beat consensus across key metrics, with total revenue reaching $3.14B (+13% YoY) vs. $3.05B expected, and diluted EPS of $0.70 exceeding the $0.66 mean estimate. Operating profit rose 14% to a record $348M, supported by a 9th consecutive quarter of margin expansion. KFC led growth with 7% system sales increase, while Pizza Hut’s same-store sales returned to positive growth. Management reaffirmed a $1.5B shareholder return for 2026 and expects the Pizza Hut brand acquisition to close in August 2026.