Foreign Media: Yum China, Operator of KFC and Pizza Hut, Accelerates Expansion, Initial Signs of Thawing Consumer Spending
Yum China Holding Company plans to accelerate expansion by 2026, with a goal of adding 1,900 new stores, bringing the total to 20,000. In 2025, the company added 1,706 new stores.
Its Chief Financial Officer stated that 40% to 50% of new stores this year will be franchised. The company's CEO said that early signs of improvement in Chinese consumer sentiment have been observed, although the Chinese economy still faces concerns about deflation.
Yum China plans to have more than 30,000 stores by 2030. In the fourth quarter of 2025, the company's adjusted earnings per share were 40 cents, an 8.8% increase from the previous year, exceeding analysts' expectations of 30 cents; quarterly revenue increased by 8.8% to $2.82 billion, higher than the expected $2.72 billion, and same-store sales increased by 3%.
Original article: toutiao.com/article/1856277323144199/
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