Business
Yum China beats profit forecast despite revenue miss, raises store target
Yum China raises 2026 store expansion target to over 2,400 locations
2 Nov 3 5:09 AM · 9d ago · 1 article · 1 source · development 2 of 4
The company opened a quarterly record 692 net new stores and raised its full-year 2026 target from previous levels to over 2,400 net new stores. Total store count reached 19,989 as of September 30, 2026.
“We delivered year-over-year growth in system sales, operating profit and OP margin for the 10th consecutive quarter, despite a dynamic operating environment.”
Joey Wat, CEO of Yum China, CEO · rss ↗Joey Wat CEO of Yum ChinaYum China Holdings Inc. Restaurant operatorYum! Brands Parent company
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first by Seeking Alpha, 9d ago
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