$YUMC (Yum China Holdings) — 8-K: YUMC Q3 FY26: EPS $0.91 beats street by $0.24 (+36.0%) on $3.5B revenue

Yum China delivered a big bottom-line beat, with GAAP EPS of $0.91 versus the $0.67 consensus — a $0.24 beat, or +36.0%. Total revenues rose 8% YoY to $3.5 billion. Restaurant margin expanded 50 bps YoY to 17.8%, supported by streamlined operations and favorable commodity prices, which more than offset value-for-money offerings, sales deleveraging and higher delivery rider costs; Pizza Hut license fee savings also contributed to margin expansion.

Yum China delivered a big bottom-line beat, with GAAP EPS of $0.91 versus the $0.67 consensus — a $0.24 beat, or +36.0%. Total revenues rose 8% YoY to $3.5 billion. Restaurant margin expanded 50 bps Y