Press release
April 29, 2026
Yum! Brands Reports First-Quarter Results
Yum Brands Inc (YUM)
Taco Bell Same-Store Sales Growth 8%; KFC Unit Growth 7%; R ecord Digital System Sales Mix of 63% Yum! Brands, Inc. (NYSE: YUM) today reported results for the first quarter ended March 31, 2026. First-quarter GAAP EPS was $1.55 and first-quarter EPS excluding Special Items was $1.50, a 15% increase year-over-year. CHRIS TURNER COMMENTS Chris Turner, CEO, said "We delivered solid topline momentum to start the year, with our fundamentals as strong as ever. Taco Bell delivered an outstanding 8% same-store sales growth, meaningfully ahead of the QSR industry, building off a very strong Q1 same-store sales growth rate in 2025. KFC delivered impressive unit growth and resilient same-store growth, with many KFC markets growing system sales double-digits. Yum! is incredibly well positioned to sustain sales momentum thanks to strong global consumer appeal for our brands, long-term consumption tailwinds, and our tech and AI capabilities." FIRST-QUARTER HIGHLIGHTS Worldwide system sales grew 6%,