The Zhitong Finance App learned that Goldman Sachs released a research report saying that Yum China (09987.HK) had solid results in the second quarter, and management reaffirmed the full year targets for 2026 (excluding Pizza Hut brand acquisitions) during the performance conference call, including 0% to 2% increase in same-store sales, medium to high single-digit growth in system sales, high single-digit growth in operating profit, double-digit earnings per share growth, and slight improvement in restaurant margins and operating margins. Management expects positive growth in same-store sales and transaction volume in the third quarter. Goldman Sachs raised its 2026-2028 profit forecast by about 2.5% to reflect second-quarter results, updated foreign exchange assumptions, and improved profit ratio for the second half of the year. The target price was raised from HK$452 to HK$459, maintaining the “buy” rating.

The Zhitong Finance App learned that Goldman Sachs released a research report saying that Yum China (09987.HK) had solid results in the second quarter, and management reaffirmed the full year targets for 2026 (excluding Pizza Hut brand acquisitions) during the performance conference call, including 0% to 2% increase in same-store sales, medium to high single-digit growth in system sales, high single-digit growth in operating profit, double-digit earnings per share growth, and slight improvement in restaurant margins and operating margins. Management expects positive growth in same-store sales and transaction volume in the third quarter. Goldman Sachs raised its 2026-2028 profit forecast by about 2.5% to reflect second-quarter results, updated foreign exchange assumptions, and improved profit ratio for the second half of the year. The target price was raised from HK$452 to HK$459, maintaining the “buy” rating.