Yum Brands sells Pizza Hut for $2.4B, posts $1.7B gain; Taco Bell U.S. same-store sales fall 4%

Filed November 6, 2026 · Period ending September 30, 2026 · Compared to 10-Q Nov 7, 2025 · ~1 min read

Key Changes

• high

  Completed sale of Pizza Hut in two transactions for $2.4B, recording a $1.7B pre-tax gain that drove a 248% jump in operating income.

  MD&A: Pizza Hut divestiture verify on EDGAR →
• high

  Taco Bell U.S. same-store sales fell 4% due to an industry-wide food safety issue; company restaurant margins compressed to 20.5%.

  MD&A: Taco Bell verify on EDGAR →
• high

  Net income rose 308.8% to $1.62B, and diluted EPS rose 319.9% to $5.92, driven by the divestiture gain.

  Key Financials view on EDGAR →