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...
Yum China Expands Share Repurchase Authorization by $1 Billion
SHANGHAI, Nov. 2, 2023 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC and HKEX: 9987) today reported that its Board of Directors (the "Board") has increased the Company's share repurchase authorization by$1 billion to an aggregate of $3.4 billion. From 2017 t...
Yum China Reports Third Quarter 2023 Results
Total Revenues grew 9%, or 15% in constant currency; System Sales grew 15% in constant currency; Operating Profit grew 2% to $323 million, or 9% in constant currency, Adjusted Operating Profit of$327 million reached a record; Record year-to-date store openings of 1,155 net new adds, on track for ...
Yum China Reports Third Quarter 2023 Results
Total Revenues grew 9%, or 15% in constant currency; System Sales grew 15% in constant currency; Operating Profit grew 2% to $323 million, or 9% in constant currency, Adjusted Operating Profit of$327 million reached a record; Record year-to-date store openings of 1,155 net new adds, on track for ...
Yum China Announces Disclosure under Hong Kong Stock Exchange Rules in Relation to a Possible Quarterly Dividend
SHANGHAI, Oct. 18, 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 boar...
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...
