Yum China Holdings, Inc. announced it will report its unaudited financial results for the second quarter ended June 30, 2026 before the U.S. market opens on Thursday, July 30, 2026. The release follows the close of trading on the Hong Kong Stock Exchange on the same day. The disclosure provides investors with the timeline for assessing the company's operational performance during the period.

Yum China's management will hold an earnings conference call at 7:00 a.m. U.S. Eastern Time on Thursday, July 30, 2026, which corresponds to 7:00 p.m. Beijing/Hong Kong Time. Participants can access a live webcast of the call via the company's dedicated media server link. Phone participation requires advance registration to receive dial-in numbers and a unique access PIN.

Conference Call Details

A replay of the webcast will be available two hours after the event and will remain accessible until July 29, 2027. The earnings release and accompanying slides will be published on the company's Investor Relations website.

Yum China operates over 18,000 restaurants under six brands, including KFC and Pizza Hut, across more than 2,600 cities in China. The company is listed on the New York Stock Exchange under the ticker YUMC.

Yum China Holdings Inc. agreed to acquire ownership of the Pizza Hut brand in Mainland China from Yum! Brands Inc. for $1.2 billion in cash. The transaction, expected to close in the third quarter of 2026, will eliminate royalty payments to Yum! Brands and provide Yum China with greater strategic flexibility to expand the brand. This move is designed to improve restaurant economics and profitability.

Once the deal closes, Pizza Hut China will transition from an exclusive licensee to the brand owner. CEO Joey Wat stated that becoming the brand owner will allow the company to drive innovation across the menu, store formats, new modules, and operations. The acquisition will be financed with a mix of cash and debt.

Pizza Hut China generated $2.3 billion in revenue and $183 million in operating profit in 2025. As of March 31, 2026, the chain operated 4,375 restaurants across more than 1,100 cities. Yum China plans to expand the brand to more than 6,000 stores by 2028 and double its operating profit by 2029 compared with 2024.

Financial Impact and Guidance

Yum China stated that its 2026 financial guidance remains unchanged. The company expects the transaction to immediately improve restaurant margins and operating margins. The deal is projected to become accretive to diluted earnings per share after closing in 2026, with mid-single-digit EPS accretion anticipated in 2027 and 2028.

The company remains committed to returning $1.5 billion to shareholders in 2026 and about 100% of annual free cash flow, after minority dividends, beginning in 2027. Yum China will continue working with Yum! Brands to expand KFC China, which is targeting more than 17,000 stores by 2028.

Key Financial Metrics

Lazard served as financial adviser, while Sidley Austin LLP and Fangda Partners acted as legal counsel. Yum China Holdings shares were down 0.82% at $43.88 at the time of publication on Tuesday.