Yum China Reports Second Quarter Results
Record Second Quarter Revenue Led by Same-store Transaction Growth and New Unit Growth Improved OP Margin and Achieved Record Second Quarter Operating Profit Operating Profit Grew 4%, Core Operating Profit1 Grew 12%, Diluted EPS Grew 17% Record First Half Openings of 779 Net New Stores and Cash Ret...
Yum China Board Announces CFO Transition and Welcomes New Board Member
SHANGHAI, Aug. 5, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987) (the "Company" or "Yum China") today announced that Andy Yeung, who has served as the Company's Chief Financial Officer sinceOctober 2019, intends to resign as the Company's Chief Financial Officer for per...
Yum China Announces Disclosure under Hong Kong Stock Exchange Rules in Relation to a Possible Quarterly Dividend
SHANGHAI, July 24, 2024 /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 boar...
Yum China to Report Second Quarter 2024 Financial Results
SHANGHAI, July 21, 2024 /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, 2024, after the U.S. market closes on Monday, August 5, 2024, U.S. E...
KCOFFEE Celebrates the Opening of its 200th Store in China
SHANGHAI, July 1, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") is pleased to announce that KCOFFEE has opened its 200th store in China[1], following two new store openings yesterday in Hangzhou East Railway Station andHangzhou Internation...
Yum China and Lavazza Team up to Bring the Automobili Lamborghini and Lavazza Partnership to the China Market
SHANGHAI, June 17, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China", NYSE: YUMC and HKEX: 9987) and its joint venture partner Lavazza, one of the world's most prominent coffee manufacturers, announced today that they will bring a new partnership between Lavazza and icon...
Yum China's Popular Children's Day Promotions Highlight its Innovative Approach to IP Collaboration
SHANGHAI, June 3, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China", NYSE: YUMC and HKEX: 9987) today announced that in celebration of Children's Day inChina, over 4 million toy set meals have been sold this year as ofJune 2. Building on its long-term collaboration, KFC...
Yum China's Little Sheep and Huang Ji Huang mark respective 25th and 20th anniversaries with new store formats and new store openings
SHANGHAI, May 31, 2024 /PRNewswire/ -- Yum China's Chinese Dining Business Unit – which includes the Little Sheep and Huang Ji Huang brands – made exciting new progress since the beginning of 2024, with new stores added to its domestic and global portfolio and innovative new store formats introdu...
Yum China Reports First Quarter Results
System Sales Up 6%, Diluted EPS Up 4%, or 10% Excluding F/X Operating Profit Reaches $374 million with Core Operating Profit1 Growing to $396 million Total Stores Have Surpassed Milestone of 15,000 with Record First Quarter Openings of 378 Net New Stores Record Quarterly Cash Return to Shareholde...
Yum China Announces Disclosure under Hong Kong Stock Exchange Rules in Relation to a Possible Quarterly Dividend
SHANGHAI, April 17, 2024 /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 CEO Joey Wat Releases Annual Letter to Stockholders
SHANGHAI, April 11, 2024 /PRNewswire/ -- Joey Wat, Chief Executive Officer of Yum China Holdings, Inc. (the "Company" or "Yum China", NYSE: YUMC and HKEX: 9987) released her annual letter to stockholders today together with the Company's 2023 Annual Report. The letter recappedYum China's strong 2...
Yum China's Unwavering Commitment to ESG Highlighted in 2023 Sustainability Report
SHANGHAI, April 10, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") today announced that it has published its seventh annual Sustainability Report. The report outlines the Company's achievements and ongoing progress towards its Environmental...
Yum China to Report First Quarter 2024 Financial Results
SHANGHAI, March 19, 2024 /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, 2024 at4:30 p.m. U.S. Eastern Time on Monday, April 29, 2024 (4:30 ...
Yum China Reports Fourth Quarter Results, Increases Dividend by 23% and Steps Up 2024 Share Repurchases to $1.25 billion
Fourth Quarter System Sales Up 21%, Operating Profit Up 170% and Core Operating Profit Grew 324% (1) Full Year System Sales Up 21%, Operating Profit Up 76% to $1.1 Billion and Core Operating Profit Grew 79% Record 2023 Results - Total Revenues of $11 Billion, Adjusted Operating Profit of$1.1 Bill...
Yum China Announces Disclosure under Hong Kong Stock Exchange Rules in Relation to a Possible Quarterly Dividend
SHANGHAI, Jan. 25, 2024 /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 boar...
Yum China Certified Top Employer China for Sixth Consecutive Year
SHANGHAI, Jan. 19, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China", NYSE: YUMC and HKEX: 9987) has been named by the Top Employers Institute as a Top Employer China for the sixth consecutive year. Ranked fourth overall among more than 150 companies included in the list...
Yum China Leads the Restaurant & Leisure Industry for the Fourth Consecutive Year on the Dow Jones Sustainability Index
SHANGHAI, Dec. 21, 2023 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China", NYSE: YUMC and HKEX: 9987) today announced that the Company has been ranked number one globally for the Restaurant & Leisure Facilities Industry in the S&P Global 2023 Corporate Sustainability Assessme...
KFC China Celebrates the Opening of its 10,000th Store
- Milestone Store Opening Underscores KFC's Continued Success as the Leading Restaurant Brand inChina - KFC China's Ambitious Growth Trajectory: Targeting Over Half of China's Population by 2026 SHANGHAI, Dec. 15, 2023 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9...
Yum China to Report Fourth Quarter and Fiscal Year 2023 Financial Results
SHANGHAI, Dec. 12, 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 fourth quarter and fiscal year endingDecember 31, 2023 at 4:30 p.m. U.S. Eastern Time on Tuesday, ...
Yum China Announces 2024 Share Repurchase Programs in the U.S. and Hong Kong for US$750 million
SHANGHAI, Nov. 16, 2023 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC and HKEX: 9987) today announced that it has entered into share repurchase agreements in the U.S. and Hong Kong for an aggregate repurchase amount ofUS$750 million in 2024, as part of the ca...
