HONG KONG, April 29, 2026 — Yum China Holdings Inc. reported first-quarter revenue of US$3.3 billion, a 10% year-on-year increase, beating market expectations. Operating profit rose 12% to US$447 million, marking a record for the period.
The company added a net 636 stores, the highest single-quarter increase in its history, bringing its total to 18,737 outlets. Diluted earnings per share increased 13% to US$0.87. Active members across KFC and Pizza Hut surpassed 270 million, up 9% from the prior year.
The board declared a quarterly cash dividend of US$0.29 per share, up 20.8% from last year, extending its streak of increasing quarterly dividends for the fourth consecutive year. Yum China said it aims to add more than 1,900 net new stores in 2026, reaching 20,000 locations.
