YUM CHINA (09987,YUMC.US) aims to have over 30,000 stores by the year 2030.

On November 17th, Yum China (09987, YUMC.US) announced at its 2025 Investor Day that it expects to achieve mid- to high-single digit compound annual growth in system sales from 2026 to 2028 (based on 2025 as the base year), high-single digit compound annual growth in operating profit, and double-digit compound annual growth in earnings per share and free cash flow per share. Starting from 2027, the company plans to return approximately 100% of free cash flow to shareholders after deducting dividends paid to minority shareholders of subsidiaries. Shareholder returns are expected to exceed $1 billion in 2028. KFC aims to achieve operating profit of over 10 billion RMB in 2028, while Pizza Hut is expected to double its operating profit by 2029 compared to 2024. The company is steadily progressing towards its goal of reaching 20,000 stores by 2026, and is accelerating its expansion efforts, aiming to surpass 30,000 stores by 2030.