YUM Brands Inc reported results for the second quarter of 2026 with revenue of $2169M and diluted EPS of $3.08, driven by company sales growth, strong same-store sales at KFC and Taco Bell, and continued unit expansion; net income rose to $853M versus $374M a year earlier.
Financial Highlights
- Revenue was $2,169M for Q2 2026, compared with $1,933M in Q2 2025; YoY change 12%.
- Net income was $853M for Q2 2026, compared with $374M in Q2 2025; YoY change 128%.
- Diluted EPS was $3.08 for Q2 2026, compared with $1.33 in Q2 2025; YoY change 131%.
Business Highlights
- Consolidated total revenues rose about 12% year‑over‑year in Q2, driven by company sales up 25% and growth in franchise fees.
- KFC and Taco Bell showed strong momentum with same‑store sales up 6% and 9% ex‑FX year‑to‑date, respectively, alongside ongoing unit expansion.
- Franchise system sales increased roughly 8% (5% ex‑FX); digital and third‑party delivery fees are becoming a larger component of system sales.
- Yum entered definitive agreements in June 2026 to divest Pizza Hut (separate Ex‑China and China transactions) with closing expected in August 2026.
- System size surpassed 64,000 restaurants, up about 5% year‑over‑year, with 2,083 gross openings year‑to‑date and continued franchisor‑led development.
Original SEC Filing:
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