Yum! Brands reported second-quarter GAAP EPS of $3.08 and EPS excluding special items of $1.62 for the period ended June 30, 2026. The company announced definitive agreements to sell its Pizza Hut business: international operations will be acquired by LongRange Capital, while Yum China will acquire the Mainland China unit. Worldwide system sales grew 5% excluding foreign currency translation, with KFC same-store sales up 7% and Taco Bell up 3%. The company also declared a quarterly dividend of $0.75 per share.

Yum! Brands, Inc. entered into agreements to sell its global Pizza Hut business (excluding China) to Toppings TopCo, LLC for $1.488 billion in cash and a potential $75 million earn-out. Additionally, the company is selling its Pizza Hut business in the People's Republic of China to Yum China Holdings, Inc. for $1.2 billion in cash. Yum! Brands, Inc. is a global restaurant company operating in the quick-service restaurant industry.

Yum! Brands, Inc. announced the entry into definitive agreements for the sale of its Pizza Hut business. Yum! Brands, Inc. operates in the restaurant industry and manages multiple global food service brands.