Financial News

KFC China Celebrates the Opening of its 10,000th Store

-       Milestone Store Opening Underscores KFC's Continued Success as the Leading Restaurant Brand in China -       KFC China's Ambitious Growth Trajectory: Targeting Over Half of China's Population by 2026 SHANGHAI , Dec. 15, 2023 /PRNewswire/ -- Yum China Holdings, Inc.

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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 ending December 31, 2023 at 4:30 p.m.   U.S.

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Yum China CEO Purchased over HK$5 Million of Company Stock

SHANGHAI, November 23, 2023 -- Ms. Joey Wat, Chief Executive Officer of Yum China (NYSE: YUMC and HKEX: 9987), purchased 14,000 shares of Yum China common stock on the Hong Kong Stock Exchange for approximately HK$5.05 million, at the price of HK$360.81 per share, on November 23, 2023.

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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 of US$750 million in 2024, as part of the

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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 .

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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

Learn More Oct. 31, 2023

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

Learn More Oct. 18, 2023

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 ending September 30, 2023 at 4:30 p.m.   U.S.

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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

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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 on September 14-15, 2023 in Xi'an, China . The two-day event will feature presentations from the Company's management and

Learn More Aug. 30, 2023

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

Learn More Jul. 31, 2023

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 board

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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 ending June 30, 2023 at 4:30 p.m.   U.S.

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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 margin

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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

Learn More Apr. 19, 2023

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 ending March 31, 2023 at 4:30 p.m.   U.S.

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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. 7, 2023 /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 , 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 board

Learn More Jan. 26, 2023