Form 10-Q · Quarterly report
Yum! Brands 10-Q, filed Nov 6, 2026
- Filed
- CIK
- 0001041061
- Accession no.
- 0001041061-26-000210
Summary
Yum! Brands sold its Pizza Hut business in two transactions, with mainland China operations sold to Yum China Holdings on August 7, 2026 and Pizza Hut outside mainland China sold to LongRange Capital on September 1, 2026. It now reports three segments—KFC, Taco Bell, and The Habit Burger & Grill—and franchises or operates over 44,000 restaurants in more than 150 countries, 97% of them franchise-operated.
Key points
- Yum! Brands sold Pizza Hut in mainland China to Yum China Holdings on August 7, 2026, and Pizza Hut excluding mainland China to LongRange Capital on September 1, 2026.
- Following the sale, Yum! Brands has three reportable segments: KFC, Taco Bell, and The Habit Burger & Grill.
- As of September 30, 2026, Yum! Brands franchised or operated over 44,000 restaurants in more than 150 countries, with 97% operated by franchisees.
- Yum! Brands said its 2026 priorities include competing for future consumers, accelerating restaurant unit economics for franchisees, and expanding the Byte by Yum! platform.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations Introduction and Overview The following Management's Discussion and Analysis (“MD&A”), should be read in conjunction with the unaudited Condensed Consolidated Financial Statements (“Financial Statements”), the Forward-Looking Statements and our Annual Report on Form 10-K for the fiscal year ended December 31, 2025, (“2025 Form 10-K”). All Note references herein refer to the Notes to the Financial Statements. Tabular amounts are displayed in millions of U.S. dollars except per share and unit count amounts, or as otherwise specifically identified. …
An excerpt of the text as filed with the SEC, cut for length.
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