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YUMC: Profit and margins grew for a 10th straight quarter as store expansion accelerated

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Q3 delivered 6% core operating profit growth and 50 bps restaurant-margin expansion despite weak comps. Store targets rose, while Q4 plans emphasize sequential sales improvement and continued margin discipline.

Based on Yum China Holdings, Inc. [YUMC] Q3 2026 Audio Transcript — Nov. 3 2026

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