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...
Yum China Achieves Highest Score in its Industry for the Third Consecutive Year on the Dow Jones Sustainability Index
Green power purchase program launched with two pilot restaurants SHANGHAI, Dec. 12, 2022 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China", NYSE: YUMC and HKEX: 9987) today announced that the Company was ranked the best in the 88 companies assessed in the Restaurant & Leisur...
Yum China Gets Ready for the Hangzhou 2022 Asian Games
Asian Games-themed restaurants launched in Hangzhou SHANGHAI, Dec. 8, 2022 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China", NYSE: YUMC and HKEX: 9987), the Official Exclusive Supplier of Western Food Catering Services for the 19th Asian Games Hangzhou 2022 ("Hangzhou 2022"...
Yum China to Report Fourth Quarter and Fiscal Year 2022 Financial Results
SHANGHAI, Dec. 7, 2022 /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 ending December 31, 2022 at 4:30 p.m. U.S. Eastern Time on Tuesday, F...
Yum China's Science-Based Targets approved, aiming for over 60% GHG emissions reduction by 2035
SHANGHAI, Nov. 21, 2022 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China", NYSE: YUMC and HKEX: 9987) today announced that the Science Based Targets initiative (SBTi) has approved the Company's near-term science-based emissions reduction target, making the Company the first ...
Yum China Reports Third Quarter 2022 Results
Total Revenues grew 5%; System Sales grew 5% in constant currency, despite temporary closures Delivered $316 million Operating Profit, representing 77% growth, through strong execution Opened 621 net new stores year-to-date, on track to meet full-year net new store target of 1,000 to 1,200 ...
Yum China Announces Primary Listing on the Hong Kong Stock Exchange and Inclusion in the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect
SHANGHAI, Oct. 24, 2022 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC and HKEX: 9987) today announced the effectiveness of the Company's voluntary conversion of its secondary listing status to a primary listing status on the Main Board of The Stock Exchange o...
Yum China Announces Disclosure under Hong Kong Stock Exchange Rules in Relation to a Possible Quarterly Dividend
SHANGHAI, Oct. 20, 2022 /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 to Report Third Quarter 2022 Financial Results
SHANGHAI, Sept. 20, 2022 /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 , 2022 at4:30 p.m. U.S. Eastern Time on Tuesday, November 1, 2022...
Yum China Applies for Voluntary Conversion to Primary Listing on the Hong Kong Stock Exchange
SHANGHAI, Aug. 15, 2022 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC and HKEX: 9987) today announced that the Company applied for a voluntary conversion of its secondary listing status to a primary listing status (the "Proposed Primary Conversion") on the Ma...
Yum China Reports Second Quarter 2022 Results
Delivered $81 million Operating Profit. Extraordinary efforts partly mitigated impact from profound COVID-related disruptions Sales recovery remains gradual and uneven as COVID outbreaks persist Full year net new store target unchanged, powered by healthy new store performance SHANGHAI, July 29, ...
Yum China Releases First TCFD Report, Advancing its Commitment to Climate Action
SHANGHAI, July 25, 2022 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China", NYSE: YUMC and HKEX: 9987) today released its first climate-focused report in accordance with the Task Force on Climate-Related Financial Disclosures (TCFD) recommendations. Aligned withYum China's co...
