Yum China to Report Third Quarter 2023 Financial Results
SHANGHAI, Sept. 21, 2023 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") today announced that it will report its unaudited financial results for the third quarter endingSeptember 30 , 2023 at4:30 p.m. U.S. Eastern Time on Tuesday, October 31, 2023...
Yum China unveils "RGM 2.0" strategy and introduces 3-year financial targets at 2023 Investor Day
Accelerates network expansion to reach 20,000 stores by 2026 Targets double-digit EPS CAGR and $3 billion shareholder return from 2024 to 2026 SHANGHAI, Sept. 14, 2023 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") hosted its 2023 Investor Day ...
Yum China Inaugurates China's First 100% Renewable Energy Cold Chain Logistics Center
SHANGHAI, Sept. 1, 2023 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") has unveiled a landmark accomplishment in its efforts to reduce greenhouse gas (GHG) emissions. As of July 2023, its company-owned logistics center in Nanning, Guangxi provinc...
Yum China to Host Investor Day on September 14-15, 2023
SHANGHAI, Aug. 30, 2023 /PRNewswire/ -- Yum China Holdings, Inc. ("Yum China" or the "Company") (NYSE: YUMC and HKEX: 9987) today announced that it will host an Investor Day onSeptember 14-15, 2023 in Xi'an, China. The two-day event will feature presentations from the Company's management and que...
Yum China Reports Second Quarter 2023 Results
Delivered record-breaking second quarter performance in Total Revenues, Operating Profit and net new adds Total Revenues up 25%; System Sales grew 32% in constant currency; Operating Profit increased 216% Store openings accelerated, 655 net new adds in the first half, on track for full-year net ...
Yum China Announces Disclosure under Hong Kong Stock Exchange Rules in Relation to a Possible Quarterly Dividend
SHANGHAI, July 19, 2023 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") today announced, in compliance with the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "HKEX") which require advance notice of boa...
Yum China Board Appoints David Hoffmann to the Board of Directors
SHANGHAI, July 18, 2023 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987) today announced the appointment of Mr.David Hoffmann to the Board of Directors, effective immediately. Mr. Hoffmann will serve as a member of the Audit Committee of the Board. Following the appointment, t...
KFC China Celebrates its 500th Store in Shanghai
SHANGHAI , July 12, 2023 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") announced that KFC China has celebrated the opening of its 500th store in Shanghai. KFC opened its first store inShanghai at the Dongfeng Hotel on the Bund in 1989. 34 years...
KFC China Expands CSR Initiatives to Support Underprivileged Children, Promote Social Inclusion, and Reduce Environmental Impacts and Food Waste
SHANGHAI, June 30, 2023 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") today announced that KFC China has hosted its latest Public Welfare Awareness Event inHangzhou. At the event, KFC China announced the expansion of several corporate social re...
Pizza Hut Celebrates the Opening of its 3,000th Store in China
SHANGHAI, June 16, 2023 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") today celebrated the opening of Pizza Hut's 3,000th store in China, located in Qinhuangdao, a coastal city in Hebei province. It marks a significant milestone in Pizza Hut's ...
Yum China to Report Second Quarter 2023 Financial Results
SHANGHAI, June 14, 2023 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") today announced that it will report its unaudited financial results for the second quarter endingJune 30, 2023 at4:30 p.m. U.S. Eastern Time on Monday, July 31, 2023 (4:30 a....
Yum China Reports First Quarter 2023 Results
Record first quarter performance – Total Revenues reached $2.92 billion and Operating Profit reached$416 million Total Revenues grew 9%; System Sales grew 17% and Same-store Sales grew 8% in constant currency Operating Profit increased 118% year over year, attributed to sales leveraging and margi...
Yum China Announces Disclosure under Hong Kong Stock Exchange Rules in Relation to a Possible Quarterly Dividend
SHANGHAI, April 19, 2023 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") today announced, in compliance with the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "HKEX") which require advance notice of boa...
Yum China Releases 2022 Sustainability Report
SHANGHAI, April 3, 2023 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") today announced that it has published its 2022 Sustainability Report onMarch 31. This report outlines the progress the Company has made, as well as the commitments the Compan...
Yum China to Report First Quarter 2023 Financial Results
SHANGHAI, March 22, 2023 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") today announced that it will report its unaudited financial results for the first quarter endingMarch 31, 2023 at4:30 p.m. U.S. Eastern Time on Tuesday, May 2, 2023 (4:30 a....
Yum China Named to Fast Company's Annual List of the World's Most Innovative Companies for 2023
SHANGHAI, March 13, 2023 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") announced it has been named one of the World's Most Innovative Companies for 2023 by Fast Company. This marks the second time the Company has been included in the prestigiou...
Yum China Reports Fourth Quarter and Full Year 2022 Results
Reported Operating Profit of $41 million in the fourth quarter and $629 million for the full year reflecting resilience and business agility Opened 1,159 net new stores in the year, laying solid foundation for growth SHANGHAI, Feb. 8, 2023 /PRNewswire/ -- Yum China Holdings, Inc. (the "Com...
Yum China Named to Bloomberg Gender-Equality Index and Certified as a Top Employer in China for the Fifth Consecutive Year
SHANGHAI, Feb. 3, 2023 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") today announced that it has been named to the Bloomberg Gender Equality Index ("GEI") and certified as a Top Employer inChina by the Top Employers Institute, both for the fift...
Yum China Announces Disclosure under Hong Kong Stock Exchange Rules in Relation to a Possible Quarterly Dividend
SHANGHAI, Jan. 26, 2023 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") today announced, in compliance with the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "HKEX") which require advance notice of boa...
Yum China Establishes Employee Mutual Aid Fund to Support Employees in Need
SHANGHAI, Dec. 16, 2022 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") today announced that the Company has established the Yum China Employee Mutual Aid Fund (the "Mutual Aid Fund") to offer financial assistance to employees in need. Fully fina...
