Yum! Brands Reports Record Q2 Net Income of $853M
Yum! Brands reported second-quarter net income of $853 million for 2026, a significant increase of 128% compared to the same period in 2025. The company also saw total revenues rise by 12% year-on-year (YoY) to $2.16 billion and worldwide system sales grow by 5%. KFC experienced unit growth of 7%, while Taco Bell reported a 7% increase in same-store sales. The Q2 results included the opening of over 1,000 new restaurants globally across all three brands: KFC added 660 units, Taco Bell opened 54 locations, and Pizza Hut launched 333. Yum! Brands also highlighted strong digital performance with system sales nearing $9 billion excluding Pizza Hut. GAAP operating profit rose by 5%, while GAAP EPS increased to $3.08 from $1.33 in the prior year quarter. CEO Chris Turner noted that strategic agreements for selling off the Pizza Hut business have been finalized, signaling a shift toward focusing on core growth areas.
Tickers: $YUM
Topics: earnings net income growth restaurant expansion revenue increase same-store sales