Yum Brands reports higher Q2 EPS and agrees to sell Pizza Hut

Yum Brands reported second-quarter 2026 revenue of $2.17 billion, up 12% year over year, with diluted GAAP EPS of $3.08 and EPS excluding special items of $1.62 for the quarter ended June 30. On June 16, Yum entered agreements to sell Pizza Hut outside Mainland China to LongRange Capital and the Mainland China business to Yum China; no sale amounts were disclosed, and the transactions are expected to close in the third quarter.