---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-188588"
form_type: "8-K"
ticker: "YUMC"
cik: "0001673358"
company_name: "Yum China Holdings, Inc."
filed_at: "2026-04-29T23:59:59+00:00"
generated_at: "2026-05-15T02:17:09.239054+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Yum China Reports Q1 2026 Revenue Up 10%, Operating Profit Up 12%, Record Store Openings

## Summary
- Total revenues increased 10% YoY to $3.3 billion; operating profit grew 12% YoY to $447 million.
- Opened 636 net new stores in Q1, an all-time quarterly high; total store count reached 18,737.
- Same-store transactions grew 2% YoY, the 13th consecutive quarter of growth; OP margin expanded 30 bps.
- Diluted EPS increased 13% YoY to $0.87; returned $316 million to shareholders via buybacks and dividends.
- KFC system sales up 5% YoY; Pizza Hut operating profit up 18% YoY; delivery sales grew 31% YoY.

## SEC filing metadata
- accession: 0001193125-26-188588
- form_type: 8-K
- ticker: YUMC
- cik: 0001673358
- company_name: Yum China Holdings, Inc.
- filed_at: 2026-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1673358/000119312526188588/0001193125-26-188588-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1673358/000119312526188588/yumc-20260429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-188588
- JSON: https://secwatch.observer/filing/0001193125-26-188588.json
- Plain text: https://secwatch.observer/filing/0001193125-26-188588.txt

## Key facts
- Earnings Releases
  Yum China Holdings, Inc. reported the first quarter ended March 31, 2026 results: revenue $3.3 billion, net income $309 million, EPS $0.87.
  - Period: the first quarter ended March 31, 2026
  - Revenue: $3.3 billion
  - Net income: $309 million
  - EPS: $0.87
  - Result: reported results
  source text: • Same-store sales reached 100% of the prior year's level. Same-store transactions grew 2% YoY, the 13th consecutive quarter of growth. • Total revenues increased 10% YoY to $3.3 billion, or a 4% increase excluding F/X. • Opened 636 net new stores , an all-time quarterly high and more than double the openings in the same quarter last year, with 39% opened by
  evidence_url: https://www.sec.gov/Archives/edgar/data/1673358/000119312526188588/0001193125-26-188588-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.