Robust Sales and Profit Growth
System sales grew 4% year-over-year, and core operating profit increased by 18%. Diluted EPS rose by 32%.
Record Achievements
In the first 9 months, Yum China achieved $8.7 billion in revenue, over $1 billion in operating profit, 1,200 net new stores, and returned over $1.2 billion to shareholders.
Expansion of Innovative Business Models
KCOFFEE Cafe and Pizza Hut WOW models showed strong momentum, capturing new customer demand and expanding the market.
Accelerated Franchise Development
The franchise mix for KFC's net new stores increased to 27% year-to-date, with expectations to gradually increase to 40-50% over the next few years.