American fast-food giant under Yum! Brands, known for tacos and bold marketing
McDonald’s has reported a quarter of solid global same-store growth, with US sales up around 3.8–3.9% while overall revenue hits about $6.5–$6.6 billion. Management says consumer spending is under pressure from inflation and higher gas prices, weighing on lower-income customers even as higher-income customers show resilient spending.
Yum Brands has announced a split sale of Pizza Hut: LongRange Capital will buy the mainland-excluded business, while Yum China Holdings will acquire the mainland China unit. The transactions are expected to close in Q3 2026, moving Pizza Hut out of Yum's portfolio and focusing the group on other brands.