Analyst Consensus ?
ConsensusBuy19 ratings
Bullish1473.7%
Neutral526.3%
Bearish00.0%
Yum China Holdings, Inc. · YUMC · FY2025 Q4 · Calendar Q1 2026
Yum China pairs expansion plans with delivery-cost and execution risks
Yum China’s FY2025 performance and operating plans support an expansion-led growth case, but delivery-related margin pressure and execution risks temper that view.
Reported Before market openNYSEConsumer Cyclical
$16.39B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$0.40
Consensus $0.35
EPS surprise
+14.3%
Reported versus consensus
Reported revenue
$2.82B
Consensus $2.72B
Revenue surprise
+3.9%
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
+4.7%
Event window
SPY move
-0.5%
Same window
Abnormal move
+5.2%
Stock minus SPY
Volume
2.2×
Versus trailing sessions
Subsequent drift
-1.4%
Up to 20 sessions
YUMCSPY benchmark
Ask FN2 about YUMC FY2025 Q4
Transcript, numbers and history already loaded
Why did YUMC rise 4.7% after beating EPS estimates in FY2025 Q4?What changed in YUMC's guidance and outlook in FY2025 Q4?Give me the bull and bear case for YUMC after FY2025 Q4 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
The year-end call built on the prior quarter’s focus on restaurant expansion, product innovation and rising delivery mix, adding emphasis on Gemini formats, a larger franchise role and AI operating tools. The supplied analysis describes guidance sentiment as maintained.
Guidance delta
The analysis indicates maintained guidance sentiment. Management outlined store-expansion and franchise plans, but the supplied materials do not identify a change to numerical guidance.
Key takeaways
- FY2025 system sales grew, alongside operating-profit and margin expansion, according to the supplied transcript analysis.
- Management highlighted ongoing product innovation and expansion of new store formats as growth drivers.
- Delivery represented a substantial share of sales; management cited pricing and efficiency measures as offsets to associated costs.
- Plans include further store growth, a higher franchise share of new openings, and broader use of AI tools.
Management priorities
- Expand the restaurant base, including in lower-tier markets, while increasing the franchise mix.
- Scale Gemini and side-by-side formats, K Pro, and K Coffee Cafe.
- Continue product launches and deploy AI tools in restaurant operations and ordering.
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Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$49.41Current
$37.4Low
$62.5Average
$123High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Nov 4, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| BWG Global | Positive | Mixed | Upgrade | Jan 16, 2026 |
| JP Morgan | Overweight | Neutral | Upgrade | Nov 5, 2024 |
| Macquarie | Outperform | Underperform | Upgrade | Aug 6, 2024 |
| HSBC | Buy | Buy | Maintain | Mar 6, 2024 |
| OTR Global | Positive | Mixed | Upgrade | Apr 12, 2023 |
| Jefferies | Hold | Buy | Downgrade | Feb 1, 2023 |
| Atlantic Equities | Overweight | Overweight | Maintain | Apr 6, 2021 |
| Credit Suisse | Outperform | Outperform | Maintain | Oct 29, 2020 |
| B of A Securities | Buy | Buy | Maintain | Apr 29, 2020 |
| DBS Bank | Buy | Buy | Maintain | Aug 6, 2019 |
| UBS | Buy | Buy | Maintain | May 1, 2019 |
| Bank of America | Buy | Neutral | Upgrade | Apr 30, 2019 |
| Oppenheimer | Perform | Outperform | Downgrade | Aug 17, 2018 |
| Morgan Stanley | Overweight | Overweight | Maintain | Mar 20, 2018 |
| Nomura | Buy | Buy | Maintain | Oct 9, 2017 |
| Goldman Sachs | Neutral | Buy | Downgrade | May 5, 2017 |
| Deutsche Bank | Buy | Buy | Maintain | Feb 24, 2017 |
| Bernstein | Perform | Market Perform | Maintain | Nov 4, 2016 |
| Evercore ISI Group | Hold | Hold | Maintain | Nov 1, 2016 |
Named analyst price targets
Upside is calculated against the persisted current price $49.4. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Goldman Sachs | Analyst unavailable | $59 | $46.47 | +19.4% | Jul 30, 2026 |
| Jefferies | Anne Ling | $63.64 | $53.14 | +28.8% | Feb 5, 2026 |
| Goldman Sachs | Michelle Cheng | $58.5 | $53.14 | +18.4% | Feb 4, 2026 |
| CLSA | Ethan Wang | $55 | $47.55 | +11.3% | Nov 25, 2025 |
| Bank of America Securities | Chen Luo | $49 | $44.19 | -0.8% | Oct 16, 2024 |
| Citigroup | Xiaopo Wei | $58.8 | $45.35 | +19.0% | Sep 30, 2024 |
| Macquarie | Linda Huang | $37.4 | $33.12 | -24.3% | Aug 6, 2024 |
| Morgan Stanley | Lilian Hou | $56 | $32.16 | +13.3% | Jun 24, 2024 |
| BOCOM International Holdings Company | Edward Lui | $55.8 | $46.32 | +12.9% | Nov 3, 2022 |
| RBC Capital | Christopher Carril | $123 | $62.63 | +149.0% | Apr 29, 2021 |
| HSBC | Lina Yan | $71.4 | $62.63 | +44.5% | Apr 29, 2021 |
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Start freeCompany context
Snapshot as of publicationYum China Holdings, Inc. is a prominent player in China's restaurant sector, engaging in the ownership, operation, and franchising of various dining establishments. Its core operations are structured around two primary segments: KFC and Pizza Hut. The company manages a diverse portfolio of restaurant brands, including popular names like KFC (known for chicken), Pizza Hut (pizza), Little Sheep (hot pot), Huang Ji Huang (simmer pot), Lavazza (Italian coffee), COFFii & JOY (specialty coffee), Taco Bell (Mexican-style cuisine), and East Dawning (Chinese food), operating and franchising these…
Historical context
All YUMC earningsConsumer Cyclical peers this season
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|---|---|---|---|---|
| MCD McDonald's Corporation | FY2026 Q3 · Calendar Q4 2026 | — | +5.5% | McDonald’s Q3: Value Initiatives Lift U.S. Trend, Execution Risks Persist |
| SN SharkNinja, Inc. | FY2026 Q3 · Calendar Q4 2026 | — | +6.1% | SharkNinja lifts 2026 outlook after another quarter of 20%+ sales growth |
| CPNG Coupang, Inc. | FY2026 Q3 · Calendar Q4 2026 | -90.3% | +13.3% | Coupang’s growth and membership momentum continue as margins remain pressured |
| BALL Ball Corporation | FY2026 Q3 · Calendar Q4 2026 | +2.8% | -7.1% | Ball reports broad-based can-volume growth, with new capacity and cost risks ahead |
| RACE Ferrari N.V. | FY2026 Q3 · Calendar Q4 2026 | +5.6% | +2.9% | Ferrari raises 2026 guidance as personalization and order-book strength support Q3 |
| YUM Yum! Brands, Inc. | FY2026 Q3 · Calendar Q4 2026 | +3.3% | -0.4% | Yum’s post-divestiture focus meets a Taco Bell recovery test |
Latest beats and misses
Who reports nextBeat on EPS
- AIZFY2026 Q3 · November 3, 2026+29.5% EPS+4.2% move
- AIZNFY2026 Q3 · November 3, 2026+36.0% EPS+0.5% move
- SMCIFY2027 Q1 · November 3, 2026+47.2% EPS-4.2% move
- XYZFY2026 Q3 · November 3, 2026+9.7% EPS+14.9% move
- AMGNFY2026 Q3 · November 3, 2026+11.4% EPS+1.6% move
- SWKSFY2026 Q4 · November 3, 2026+0.8% EPS-6.9% move
Missed on EPS
- TXFY2026 Q3 · November 3, 2026-24.9% EPS-0.0% move
- CHTFY2026 Q3 · November 4, 2026-55.7% EPS+0.9% move
- TOSTFY2026 Q3 · November 3, 2026-20.1% EPS+5.9% move
- CPNGFY2026 Q3 · November 3, 2026-90.3% EPS+13.3% move
- TLNFY2026 Q3 · November 3, 2026-65.4% EPS+7.3% move
- APOSFY2026 Q3 · November 3, 2026-5.5% EPS-0.5% move
Get the YUMC recap when the next report posts
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Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2026-07-26T00:37:12.209961+00:00
- Polygon adjusted daily market bars · 2026-11-04T14:10:51.571864+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-11-04T14:10:51.569114+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-11-04. For educational purposes only; not investment advice.