Yum China Reports Q1 Revenue and Operating Profit Growth Amid Store Expansion
Yum China reported a 10% increase in Q1 revenue and a 12% rise in operating profit, with same-store sales roughly flat and transactions growing for the 13th consecutive quarter. The company opened 636 net new stores in Q1 and plans to surpass 20,000 total stores by 2026, driven by franchise growth and new formats.
Tickers: $YUMC
Topics: delivery mix earnings operating profit revenue growth same-store sales shareholder returns store expansion