Yum! Brands Q1 EPS rises to $1.55 GAAP, $1.50 excluding special items
Yum! Brands reported first-quarter 2026 results for the period ended March 31, 2026. GAAP diluted EPS was $1.55, up from $0.90, and EPS excluding special items was $1.50, up 15% from $1.30, with total revenues of $2.059 billion, up 15%. The filing does not include new full-year guidance, and it restates the company's long-term targets of 5% unit growth, 7% system sales growth excluding F/X, and at least 8% Core Operating Profit growth.
Key points
- GAAP diluted EPS $1.55 vs. $0.90 a year earlier; EPS excluding special items $1.50 vs. $1.30, up 15%
- Total revenues $2.059 billion vs. $1.787 billion; net income $432 million vs. $253 million
- Worldwide system sales up 6% excluding F/X; Taco Bell same-store sales up 8%; Pizza Hut operating profit down 14% to $64 million
- Special items include $37 million in charges tied to the Pizza Hut Strategic Options Review and $44 million in litigation settlement income
The filing
Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 29, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.