finance
Yum! Brands Reports First-Quarter Earnings Above Estimates
Yum! Brands announced first-quarter adjusted earnings per share of $1.50, exceeding the analyst consensus of $1.38. Sales reached $2.059 billion, surpassing expectations of $2.042 billion. The company also reported growth in system sales and new restaurant openings across its divisions.
Apr 29, 1:52 PM·2m read1 source
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Brands reported first-quarter adjusted earnings per share of $1.50, which beat the analyst consensus estimate of $1.38. Quarterly sales totaled $2.059 billion, exceeding the consensus view of $2.042 billion. Worldwide system sales increased 6% excluding foreign currency impact, while the unit count rose 5% with over 1,000 new openings.
operating profit grew 17%, and core operating profit increased 6%. Digital system sales approached $11 billion, representing a record 63% mix. The KFC Division opened 648 gross new restaurants across 45 countries, the Taco Bell Division opened 30 gross new restaurants across eight countries, and the Pizza Hut Division opened 346 gross new restaurants across 27 countries.
The company targets long-term average unit growth of 5% and system sales growth of 7%, excluding foreign currency impact. It aims to deliver at least 8% core operating profit growth over the long term. The broader market experienced a slight downturn, with major indices such as the S&P 500 and Dow Jones posting losses.
Brands stock traded above its key moving averages, 0.9% above its 20-day simple moving average and 2.3% above its 100-day simple moving average. The relative strength index stood at 43.60. Key resistance was at $164, and key support at $152. Over the past 12 months, the stock increased 8.76% and traded near its 52-week high of $169.39.
Brands generated over $68 billion in systemwide sales from more than 63,000 restaurants across 155 markets as of the end of 2025. Its portfolio includes KFC, Pizza Hut, Taco Bell, and Habit Burger, with 72% of locations in international markets. The business model is 97% franchised.
