Financial News

Yum China Adds Two Shared Service Center Branches

Increased investment in technologies and facilities to improve efficiency and support long-term growth SHANGHAI , Dec. 31, 2020 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or " Yum China ", NYSE: YUMC and HKEX: 9987) announced that the Suzhou and Wuxi branches of its Centralized Shared

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Yum China to Report Fourth Quarter and Fiscal Year 2020 Financial Results

SHANGHAI , Dec. 14, 2020 /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, 2020 at 4:30 p.m.   U.S.

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Yum China Reports Third Quarter 2020 Results

Total Revenues grew 1%. System Sales grew 1% in constant currency   Opened 312 new stores and reached 10,150 stores in total   Reported $556 million Operating Profit and $320 million Adjusted Operating Profit SHANGHAI , Oct. 28, 2020 /PRNewswire/ -- Yum China Holdings, Inc.

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Yum China Announces Disclosure under Hong Kong Stock Exchange Rules in Relation to a Possible Quarterly Dividend

SHANGHAI , Oct. 16, 2020 /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

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Yum China to Report Third Quarter 2020 Financial Results on October 28, 2020

SHANGHAI , Sept. 21, 2020 /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 ending September 30, 2020 at 4:30 p.m.   U.S.

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Yum China Announces Pricing of Global Offering

HONG KONG , Sept. 4, 2020 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or " Yum China ") (NYSE: YUMC), China's largest restaurant company in terms of 2019 system sales, today announced the pricing of its global offering (the "Offering") of 41,910,700 new shares of common stock (the

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Yum China Launches Hong Kong Secondary Listing

HONG KONG , Aug. 31, 2020 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or " Yum China ") (NYSE: YUMC), China's largest restaurant company in terms of 2019 system sales, today announced the launch of its Hong Kong public offering, which forms part of the global offering (the "Offering")

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Yum China Reports Second Quarter 2020 Results

Over 99% of stores are now open   Total Revenues recovered to 89% of prior year. System Sales recovered to 96% of prior year in constant currency   Opened 169 new stores and Reported $128 million Operating Profit despite Unprecedented COVID-19 Impact SHANGHAI , July 29, 2020 /PRNewswire/ -- Yum

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Yum China to Report Second Quarter 2020 Financial Results on July 29, 2020

SHANGHAI , June 23, 2020 /PRNewswire/ -- Yum China Holdings , Inc. (" Yum China ") (NYSE: YUMC) today announced that it will report its unaudited financial results for the second quarter ending June 30, 2020 at 4:30 p.m.   U.S. Eastern Time on Wednesday, July 29, 2020 (4:30 a.m.

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Yum China Reports First Quarter 2020 Results

Total Revenues down 24%. System Sales down 20% and Same Store Sales down 15% in constant currency Opened 179 new stores and Reported $97 million Operating Profit despite Unprecedented COVID-19 Impact SHANGHAI , April 28, 2020 /PRNewswire/ -- Yum China Holdings, Inc.

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Yum China Has Completed the Acquisition of a Controlling Interest in Huang Ji Huang

SHANGHAI , April 8, 2020 /PRNewswire/ -- Yum China Holdings, Inc. (" Yum China ") (NYSE: YUMC) today announced that it has completed the acquisition of a controlling interest in the Huang Ji Huang group, a leading Chinese-style casual dining franchise business.  Founded in 2004 and headquartered in

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Yum China Business Update

SHANGHAI , March 23, 2020 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or " Yum China ") (NYSE: YUMC) today updated stakeholders on the impact of the coronavirus (COVID-19) situation. The current COVID-19 situation is one of unprecedented scale and impact, and first and foremost we want

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Yum China to Report First Quarter 2020 Financial Results on April 28, 2020

SHANGHAI , March 20, 2020 /PRNewswire/ -- Yum China Holdings , Inc. (" Yum China ") (NYSE: YUMC) today announced that it will report its unaudited financial results for the first quarter ending March 31, 2020 at 4:30 p.m. U.S. Eastern Time on Tuesday, April 28, 2020 (4:30 a.m.

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Yum China Reports Fourth Quarter and Fiscal Year 2019 Results

Fourth quarter total revenues grew 6% or 8% in constant currency; Fourth quarter total system sales grew 8% and same-store sales grew 2% in constant currency; Opened 1,006 new stores in 2019 SHANGHAI , Feb. 5, 2020 /PRNewswire/ -- Yum China Holdings, Inc.

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