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...
Yum China Announces Groundbreaking of New Supply Chain Management Center in Shanghai
SHANGHAI, July 21, 2022 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China", NYSE: YUMC and HKEX: 9987) today announced that the Company has commenced the construction of the Yum China Supply Chain Management Center in Shanghai's Jiading district. The 61,000 square meter facilit...
Yum China Announces Disclosure under Hong Kong Stock Exchange Rules in Relation to a Possible Quarterly Dividend
SHANGHAI, July 18, 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 Second Quarter 2022 Financial Results
SHANGHAI, July 8, 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 second quarter endingJune 30, 2022 at 4:30 p.m. U.S. Eastern Time on Thursday, July 28, 2022 (4:30 ...
Update on Dispute about Royalties on Delivery and Aggregator Platform Fees with Yum! Brands
SHANGHAI, May 11, 2022 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC and HKEX: 9987) today reported that it has invoked the dispute resolution process with Yum! Brands, Inc. ("YUM"), pursuant to the Master License Agreement datedOctober 31, 2016, to resolve a...
Yum China Reports First Quarter 2022 Results
Resilience and agility enable Yum China to serve communities in need Grew Total Revenues and sustained Operating Profit despite significant challenges from the COVID-19 outbreak Remains focused on long-term opportunities: Total stores exceeded 12,000, in Q1 opened 329 net new stores SHANGHAI, May...
Yum China Shows Appreciation to Medical Workers on International Labor Day
SHANGHAI, May 1, 2022 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China", NYSE: YUMC and HKEX: 9987) today announced at a special event in Shanghai a series of corporate citizenship initiatives under the theme of "Million Thanks, Million Gifts" to express gratitude to medical w...
Yum China Launches First KFC Green Pioneer Stores in Hangzhou and Beijing
SHANGHAI, April 22, 2022 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China", NYSE: YUMC and HKEX: 9987) today announced the launch of KFC's first Green Pioneer Stores inHangzhou and Beijing, aiming to further integrate innovative solutions for building net-zero restaurants in ...
Yum China Announces Disclosure under Hong Kong Stock Exchange Rules in Relation to a Possible Quarterly Dividend
SHANGHAI, April 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 Appoints Johnson Huang as its First Chief Customer Officer and Warton Wang as General Manager of KFC, Yum China
SHANGHAI, April 19, 2022 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC and HKEX: 9987) today announced the appointment ofJohnson Huang as its first Chief Customer Officer. The creation of this leadership position is part of the Company's strategic initiatives...
Yum China to Report First Quarter 2022 Financial Results
SHANGHAI, March 24, 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 first quarter endingMarch 31, 2022 at4:30 p.m. U.S. Eastern Time on Tuesday, May 3, 2022 (4:30 a....
Yum China Expands Share Repurchase Authorization by $1 Billion
SHANGHAI, March 17, 2022 /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$2.4 billion. From 201...
