Yum! Manufacturers, the father or mother firm of fast-food chains Taco Bell, Pizza Hut and KFC, has reported a web revenue of $374m for the second quarter (Q2) of 2025, a slight enhance from the $367m recorded throughout the identical interval of the earlier 12 months.
For the quarter ending 30 June 2025, the corporate’s typically accepted accounting ideas earnings per share (EPS) stood at $1.33, whereas the EPS excluding particular objects rose by 7% year-on-year to $1.44.
Yum! Manufacturers’ worldwide system gross sales noticed a 4% development, excluding the affect of international forex translation, with Taco Bell main with a 6% enhance and KFC following intently with a 5% rise.
The corporate expanded its international presence with 871 new models, marking a 3% uptick in unit depend.
Digital gross sales exceeded $9bn and accounted for 57% of the digital combine. The affect of international forex translation on divisional working revenue was constructive, contributing an additional $4m.
KFC’s worldwide unit development was 7%, and the division opened 566 new shops throughout 58 international locations.
Regardless of a 5% decline in same-store gross sales within the US, KFC maintained 2% development in same-store gross sales globally. The corporate-owned restaurant margins improved marginally to 12.1%. China stood as the most important marketplace for the chain.
Pizza Hut, alternatively, confronted challenges within the quarter, opening 254 new eating places however witnessing a 1% drop in international same-store gross sales and a 5% decline within the US.
The division’s working revenue development was negatively affected by numerous components, together with spending on expertise and franchise transitions, and bills from the World Franchise Conference.
Taco Bell additionally demonstrated robust development, inaugurating 50 new eating places in 10 international locations. The division skilled a 6% enhance in US system gross sales and 11% development internationally, excluding international forex results.
Each the US and worldwide segments of Taco Bell noticed a 4% rise in same-store gross sales. Nevertheless, US company-owned restaurant margins at Taco Bell fell 110 foundation factors to 24.5%.
The Behavior Burger & Grill Division opened a single new restaurant however noticed a 1% drop in system gross sales and a 4% fall in same-store gross sales.
In June 2025, Chris Turner was appointed as the brand new CEO of Yum! Manufacturers, efficient from 1 October.
Yum! Manufacturers present CEO David Gibbs acknowledged: “Our second-quarter outcomes are a testomony to the facility of our daring meals innovation, digital transformation and the power of our iconic manufacturers. Taco Bell US meaningfully outpaced the class with 4% same-store gross sales development, and KFC Worldwide opened 565 gross new models.”
