Yum China posts 10% revenue growth and 12% profit rise with record store openings in Q1 2026

Yum China reported a 10% increase in total revenues to $3.3 billion and a 12% rise in operating profit to $447 million in Q1 2026, driven by record net new store openings (636) and strong delivery sales growth of 31%. Same-store transactions grew for the 13th consecutive quarter, reflecting steady consumer demand despite timing impacts from Chinese New Year and spring break. The company plans to open over 1,900 new stores in 2026 and return $1.5 billion annually to shareholders through dividends and share repurchases, signaling confidence in sustained growth and operational efficiency.