
Yum China reported better-than-expected Q1 earnings with adjusted EPS of 87 cents beating estimates and sales up 10% year-over-year to $3.271 billion. Delivery sales surged 31%, now making up 54% of total sales, while active members grew 9% to over 270 million. The company plans to open nearly 2,000 new stores in 2026, increase franchise mix, and return $1.5 billion to shareholders, signaling confidence in its long-term growth strategy. Shares rose nearly 2% following the report.