Yum China reported Q3 revenue of $3.5 billion and operating profit of $451 million. Its target for more than 2,400 net new stores in 2026 is forward-looking.
Yum China reported unaudited third-quarter revenue of $3.5 billion, up 8% year on year, or 2% excluding foreign-currency translation. Operating profit rose 13% to $451 million and diluted EPS rose 20% to $0.91.
The company opened 692 net new stores in the quarter and had 19,989 stores at 30 September. It said 19% of these stores were operated by franchisees.
Yum China raised its full-year target to more than 2,400 net new stores. The target is forward-looking, not a completed expansion. Its capital-return and capital-expenditure figures are also targets, not completed outcomes.
| Measure | Reported figure | Qualification |
|---|---|---|
| Q3 revenue | $3.5bn | +8% reported; +2% excluding FX |
| Operating profit | $451m | +13% year on year |
| Net new stores | 692 | Quarterly reported count |
| 2026 net-new-store target | >2,400 | Forward-looking target |
How to read the figures
The source record should be read with its reporting scope and period intact. A reported accounting measure, a constant-currency comparison and management guidance answer different questions; none on its own establishes a later market price, customer outcome or investment return.
What to watch
The useful next check is a later official filing or release that confirms whether guidance, targets or accounting comparisons changed. CapKet will not treat a target, estimate or management explanation as a completed financial outcome without separate primary evidence.
Primary sources: Yum China Holdings official release or filing and related official filing, checked 2026-11-05T19:35:21.193850+00:00.
CapKet disclosure: Source-backed news, not investment advice. AI-assisted review is not independent human approval.