Yum China Holdings

CHENGDU – November 12, 2026 -- Yum China Holdings (NYSE: YUMC; HKEX: 9987) has passed 20,000 stores across more than 2,800 cities and towns in China, and targets 30,000 stores by 2030, which means adding 10,000 more within four years.

The company announced the milestone at its annual convention for restaurant general managers (RGMs) in Chengdu, attended by more than 10,000 RGMs. It marked the occasion by opening six stores simultaneously, one for each brand it runs in Mainland China: KFC, Pizza Hut, Lavazza, Taco Bell, Little Sheep and Huang Ji Huang. The milestone coincides with the 10th anniversary of its New York Stock Exchange listing.

Shanghai – November 03, 2026 -- Yum China Holdings (NYSE: YUMC; HKEX: 9987) grew third-quarter operating profit 13% year over year to $451 million on revenue up 8% to $3.5 billion, and raised its 2026 net new store target to more than 2,400. Revenue growth was 2% excluding foreign currency translation. Diluted EPS rose 20% to $0.91, or 12% excluding F/X and 8% when mark-to-market equity investment effects are also stripped out.

Record 692 net openings push store count to 19,989

Yum China opened 692 net new stores in the quarter, a quarterly record, and franchisees opened 44% of them. Total stores reached 19,989 at September 30, 2026, with 19% operated by franchisees. The company now expects to surpass 20,500 stores this year, with a 40-50% franchise mix of net new stores for both KFC and Pizza Hut.

Capital expenditure is guided at approximately $600 million to $700 million for 2026.