What are Yum China's expansion plans for KFC in China?

Yum China plans to increase the total KFC store count in China by one-third to over 17,000 by 2028, with operating profits expected to surpass 10 billion yuan ($1.41 billion).

How many new Pizza Hut stores will Yum China open annually in China?

Yum China plans to add over 600 net new Pizza Hut stores annually in China over the next three years.

What is Yum China's target for Pizza Hut's operating profits in China by 2029?

Yum China expects to double Pizza Hut's operating profit in China by 2029 compared to 2024 levels.

Home / Business and Economy / Yum China Targets Doubling Pizza Hut Profits by 2029

Yum China Targets Doubling Pizza Hut Profits by 2029

18 Nov

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Summary

Yum China to aggressively expand KFC and Pizza Hut in China
KFC to reach 17,000 stores by 2028, with over $1.4B in profits
Pizza Hut to add 600+ stores annually, double profits by 2029

Yum China Targets Doubling Pizza Hut Profits by 2029

As of November 18, 2025, Yum China Holdings, the parent company of KFC and Pizza Hut in China, has unveiled ambitious expansion plans for both of its major fast-food brands.

According to the company's investor day presentation in Shenzhen earlier this week, KFC is aiming to increase its total store count in China by one-third to over 17,000 by 2028. By that time, the brand's operating profit is expected to surpass 10 billion yuan, or over $1.41 billion.

For Pizza Hut, Yum China plans to add over 600 net new stores annually over the next three years. The company also expects to double the operating profit for the Pizza Hut brand in China by 2029, compared to 2024 levels.