YUM · 10-Q · 2026Q2 · Full report

FX / Currency Impact

YUM BRANDS INC · 2026-08-05 · Importance 44 · Surprise 24

Foreign currency translation favorably impacted Divisional Operating Profit by $16 million in the quarter and $41 million year to date ended June 30, 2026. Currency translation reduced reported system sales relative to constant-currency results by $375 million for the quarter and $960 million year to date. KFC accounted for $788 million of the year-to-date currency impact, while Pizza Hut accounted for $151 million and Taco Bell for $21 million. The company therefore presents system sales and operating profit excluding FX to improve year-over-year comparability.

Key facts

• Foreign currency had Negative (Positive) impacts on System sales by division: KFC (quarter impact (313) and YTD (788)), Taco Bell (quarter (5) and YTD (21)), Pizza Hut (quarter (57) and YTD (151)). source
• Foreign currency translation favorably impacted Divisional Operating Profit by $16 million and $41 million for the quarter and year to date ended June 30, 2026, respectively. source
• Positive Foreign Currency Impact on Division Operating Profit was $(16) for the quarter and $(41) year to date in the reconciliation table. source
• Foreign currency translation negatively impacted KFC Division Operating Profit by $14 million for the quarter and $37 million year to date (shown as Negative (Positive) Foreign Currency Impact (14) and (37)). source