Core Performance Highlights - Yum China reported a 14% year-on-year increase in operating profit, with an operating margin of 10.9% and total revenue reaching $2.8 billion, a 4% increase year-on-year, reinforcing its leadership in the Chinese dining market [1][2] - The company added 336 new stores in the quarter, bringing the total to 16,978, with KFC and Pizza Hut stores numbering 12,238 and 3,864 respectively, enhancing market coverage and brand influence [2][4] Brand Performance and Innovation - KFC demonstrated strong growth with innovative products like the "Crazy Spicy Chicken Burger," leading to over a 30% increase in sales for the spicy product line, and expanded its coffee business with approximately 300 new stores, raising the 2025 target from 1,500 to 1,700 stores [4][5] - Pizza Hut achieved a 2% increase in same-store sales and a significant 17% increase in same-store transaction volume, attracting a broader consumer base through product upgrades and innovative marketing [5] Digital Strategy and AI Integration - The proportion of delivery sales in total restaurant revenue increased from 38% to approximately 45% year-on-year, driven by exclusive offers and membership benefits through proprietary channels and strategic partnerships with third-party platforms [6] - The company hosted its first "AI Day" and established a 100 million RMB innovation fund to encourage employees to embrace generative AI and robotics, marking a shift in AI from a supportive tool to a core strategic element [6]
百胜中国二季度业绩亮眼，经营利润同比增长14%