earnings
confidence high
sentiment positive
materiality 0.75
Yum China Q1 EPS $0.77 (+8% YoY), same-store sales flat; margins expand
Yum China Holdings, Inc.
2025-Q1 EPS reported
$0.77
revenue$2,981,000,000
- Diluted EPS rose 8% YoY to a Q1 record $0.77; revenue $3.0B (+1%); operating profit $399M (+7%).
- Same-store sales returned to 100% of prior-year levels; same-store transactions grew 6% YoY, 9th consecutive quarter.
- OP margin expanded 80bps to 13.4%; restaurant margin up 100bps to 18.6% driven by commodity and cost savings.
- KFC operating profit +4% to $386M; Pizza Hut +27% to $60M with restaurant margin up 190bps.
- Returned $262M to shareholders ($172M buybacks + $90M dividends); FY2025 net new store target 1,600-1,800.