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BusinessQuiet 8d · day 9

Yum China beats profit forecast despite revenue miss, raises store target

The restaurant operator reported higher earnings and expanded margins while raising its 2026 expansion goal to over 2,400 new stores.

What to know

  • Yum China beat profit forecasts with $0.91 adjusted EPS vs. $0.88 consensus, achieving its 10th consecutive quarter of operating margin expansion to 13.0%.
  • Revenue missed estimates at $3.48B vs. $3.5B forecast, with same-store sales at 97% of prior year due to tough comparisons and August weather impacts.
  • The company raised its 2026 store-opening target to over 2,400 net new locations and opened a record 692 stores in Q3, though stock fell 4.42% in pre-market trading.

“Same-store sales faced pressure from tough comparisons against last year's delivery platform subsidies and adverse weather in August.”

Joey Wat, CEO of Yum China, CEO · Investing.com ↗

Joey Wat CEO of Yum ChinaYum China Holdings Inc. Restaurant operatorYum! Brands Parent company

Yum China beats profit forecast despite revenue miss, raises store target
Investing.com News

How it unfolded 4 developments, newest first · click a bar or a number to jump articles

Peak 4 pieces in two hours at Nov 3, 6 AM; 8 pieces over 9 days (8 articles) Nov 3, 4 AM — 3 pieces · 3 articles — Newswires 3Nov 3, 6 AM — 4 pieces · 4 articles — Newswires 3, Google News 1Nov 3, 8 AM — 1 piece · 1 article — Newswires 1Nov 3, 10 AM — quietNov 3, 12 PM — quietNov 3, 2 PM — quietNov 3, 4 PM — quietNov 3, 6 PM — quietNov 3, 8 PM — quietNov 3, 10 PM — quietNov 4, 12 AM — quietNov 4, 2 AM — quietNov 4, 4 AM — quietNov 4, 6 AM — quietNov 4, 8 AM — quietNov 4, 10 AM — quietNov 4, 12 PM — quietNov 4, 2 PM — quietNov 4, 4 PM — quietNov 4, 6 PM — quietNov 4, 8 PM — quietNov 4, 10 PM — quietNov 5, 12 AM — quietNov 5, 2 AM — quietNov 5, 4 AM — quietNov 5, 6 AM — quietNov 5, 8 AM — quietNov 5, 10 AM — quietNov 5, 12 PM — quietNov 5, 2 PM — quietNov 5, 4 PM — quietNov 5, 6 PM — quietNov 5, 8 PM — quietNov 5, 10 PM — quietNov 6, 12 AM — quietNov 6, 2 AM — quietNov 6, 4 AM — quietNov 6, 6 AM — quietNov 6, 8 AM — quietNov 6, 10 AM — quietNov 6, 12 PM — quietNov 6, 2 PM — quietNov 6, 4 PM — quietNov 6, 6 PM — quietNov 6, 8 PM — quietNov 6, 10 PM — quietNov 7, 12 AM — quietNov 7, 2 AM — quietNov 7, 4 AM — quietNov 7, 6 AM — quietNov 7, 8 AM — quietNov 7, 10 AM — quietNov 7, 12 PM — quietNov 7, 2 PM — quietNov 7, 4 PM — quietNov 7, 6 PM — quietNov 7, 8 PM — quietNov 7, 10 PM — quietNov 8, 12 AM — quietNov 8, 2 AM — quietNov 8, 4 AM — quietNov 8, 6 AM — quietNov 8, 8 AM — quietNov 8, 10 AM — quietNov 8, 12 PM — quietNov 8, 2 PM — quietNov 8, 4 PM — quietNov 8, 6 PM — quietNov 8, 8 PM — quietNov 8, 10 PM — quietNov 9, 12 AM — quietNov 9, 2 AM — quietNov 9, 4 AM — quietNov 9, 6 AM — quietNov 9, 8 AM — quietNov 9, 10 AM — quietNov 9, 12 PM — quietNov 9, 2 PM — quietNov 9, 4 PM — quietNov 9, 6 PM — quietNov 9, 8 PM — quietNov 9, 10 PM — quietYesterday, 12 AM — quietYesterday, 2 AM — quietYesterday, 4 AM — quietYesterday, 6 AM — quietYesterday, 8 AM — quietYesterday, 10 AM — quietYesterday, 12 PM — quietYesterday, 2 PM — quietYesterday, 4 PM — quietYesterday, 6 PM — quietYesterday, 8 PM — quietYesterday, 10 PM — quietToday, 12 AM — quietToday, 2 AM — quietToday, 4 AM — quietToday, 6 AM — quietToday, 8 AM — quietToday, 10 AM — quietToday, 12 PM — quietToday, 2 PM — quietToday, 4 PM — quietToday, 6 PM — quiet 1–4
Nov 4Nov 5Nov 6Nov 7Nov 8Nov 9yesterdaynow · 7:37 PM ET
  1. 4

    Yum! Brands also beats Q3 profit estimates with revenue miss

    The parent company Yum! Brands reported third quarter EPS of $1.56, $0.03 better than the analyst estimate of $1.53, though revenue of $2.05 billion fell short of the $2.1 billion consensus estimate.

    1. first by Seeking Alpha, 8d ago · also Investing.com News

      1 more headline
  2. 2

    Yum China raises 2026 store expansion target to over 2,400 locations

    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 · source
    1. 1 outlet first by Seeking Alpha, 8d ago · read ↗

  3. 3

    Yum China reports Q3 earnings beat with revenue miss

    Yum China Holdings reported third quarter adjusted EPS of $0.91, beating the $0.88 analyst consensus by $0.03, but revenue of $3.48 billion fell short of the $3.5 billion estimate. Operating profit increased 13% YoY to $451 million with operating margin expanding 50 basis points to 13.0%.

    1. first by 10TV, 8d ago · also Investing.com News

      1 more headline
    2. first by Seeking Alpha, 8d ago

    2 more claims →
  4. 1

    Stock declines in pre-market trading following announcement

    Yum China shares fell 4.42% in pre-market trading following the earnings announcement, despite the profit beat and margin expansion.