Question 1

What is Yum China Holdings's closures and impairment expenses?

Accepted Answer

Yum China Holdings (YUMC) reported closures and impairment expenses of $12M in Q2 2026.

Question 2

How has Yum China Holdings's closures and impairment expenses changed year-over-year?

Accepted Answer

Yum China Holdings's closures and impairment expenses decreased by 0.0% year-over-year, from $12M to $12M.

Question 3

What is the long-term trend for Yum China Holdings's closures and impairment expenses?

Accepted Answer

Over 4 years (2021 to 2025), Yum China Holdings's closures and impairment expenses has grown at a 2.1% compound annual growth rate (CAGR), from $34M to $37M.

Question 4

What does closures and impairment expenses mean?

Accepted Answer

This captures the non-cash charges related to the write-down of assets that are no longer expected to provide future economic value, often due to restaurant closures or underperformance. It highlights the cost of optimizing the store portfolio.

Line item	Year to Date Ended / 6/30/2026	Year to Date Ended / 6/30/2025
Net income – including noncontrolling interests	$595	$546
Depreciation and amortization	237	219
Non-cash operating lease cost	211	199
Closures and impairment expenses	12	18
Investment loss	17	15
Equity in net (earnings) losses from equity method investments	(4)	(6)
Distributions of income received from equity method investments	8	9
Deferred income taxes	(9)	(3)

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Yum China Holdings YUMC Closures And Impairment Expenses