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The Latest Breaking News from Yum China

Yum China Plans Ambitious Expansion, Pledges $3 Bil To Investors

Yum China plans to add 1,800 stores this year. Up to 80% will be KFC or Pizza Hut chains. The restaurateur plans a $3 billion buyback.

Investors Business Daily

Cheap coffee and smaller pizzas help Yum China survive an uncertain consumer market

Yum China’s New York–traded shares jumped by 9.1% on Thursday, after the company reported resilient earnings and an expanded dividend.

Fortune

Here's why bosses aren’t allowed to promote their direct reports at Yum China

“The boss sponsors someone to be promoted and we have a committee with very senior people, including myself, to sift through every single promotion,” Yum China CEO Joey Wat said.

Fortune

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Yum China Hits 52-Week Low. Drown Out the Negativity. Buy Now.

Yum China hit a 52-week low on Tuesday. It was one of only 14 stocks to do so. YUMC was ready to push lower early in Wednesday trading, setting another new low. Please just ignore the near-term negativity and buy it now. Here’s why.

Barchart

Yum China’s CEO on Chinese consumers’ incredible hunger for foreign brands

Unlike the former parent company’s U.S. restaurants, Yum China (mostly) avoids franchises.

Fortune

The CEO behind nearly 10,000 KFCs in China explains the country’s consumption slump: A 'psychological' consequence of COVID-zero

“We can understand why people became rather cautious and rational with their spending,” Yum China CEO Joey Wat said at the Fortune Global Forum in Abu Dhabi.

Fortune

Restaurant Stocks: Ruth's Soars 33% On Buyout; Wingstop Extends Breakout

Darden will buy Ruth's Hospitality Group. Wingstop extends its breakout after a Q1 earnings beat. Yum China notches a surprise.

Investors Business Daily

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TikTok-Inspired Quesadilla Keeps Chipotle Mexican Grill Tasty For Investors

As Chipotle Mexican Grill serves up tasty growth and taps TikTok for menu ideas, CMG stock sets up a potential breakout.

Investors Business Daily

Changing demographics gave Yum China a new target audience: pet owners

“More and more young people have pets,” says Yum China CEO Joey Wat, as prosperous young Chinese delay starting families.

Fortune

Yum China Profit Slumps 90% in Fourth Quarter on Covid Disruptions

Operator of KFC and Pizza Hut reports January rebound and sees a stronger 2023 as it plans to add more than 1,100 new outlets

Caixin Global

Yum China, Atlassian And 2 Other Stocks Insiders Are Selling

The Nasdaq 100 jumped by more than 100 points on Monday. Investors, meanwhile, focused on some notable insider trades.

Benzinga

Yum China Profits Rebound in Third Quarter Amid Strong Takeout Sales

The KFC and Pizza Hut franchise operator increased quarterly revenue to $2.7 billion, while ending four consecutive quarters of declining same-store sales

Caixin Global

Domino's China Operator Makes Second Toss at Hong Kong IPO

Key Takeaways: DPC Dash, operator of the Domino’s pizza chain in China, has filed an updated prospectus to list its shares in Hong Kong The company differs from larger rival Pizza Hut in China due to its bigger focus on delivery, and also due to its earlier stage of development…

Benzinga

Yum China Launches KFC Green Pioneer Stores In Hangzhou & Beijing

Yum China Holdings Inc (NYSE:YUMC) has launched quick-service restaurant brand KFC's first Green Pioneer Stores in Hangzhou and Beijing. The move is part of Yum China's climate strategy toward reaching net-zero value chain greenhouse gas (GHG) emissions by 2050. Green Pioneer Stores utilize advanced low-carbon technologies in construction and daily operations and reduce…

Benzinga

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Benzinga

Domino's China Operator DPC Dash Delivers Hong Kong IPO

Key takeaways: Domino’s China operator DPC Dash has filed for a Hong Kong IPO that could raise up to $100 million and value the company at around $500 million Company has cashed in on China’s recent shift to takeout dining, posting 18.7% same-store sales growth last year By Doug Young

Benzinga

Yum China Boosts Stock Buyback Program

Yum China Holdings Inc (NYSE:YUMC) Board of Directors has increased the company's share repurchase authorization by $1 billion to about $2.4 billion. The increase brings the total remaining authorization to approximately $1.4 billion. The company repurchased about 24 million shares of common stock for $971 million from 2017 to March 16, 2022. "From…

Benzinga

Yum China Stock Slides As COVID-19 Resurgence Disrupts Operations

Yum China Holdings Inc (NYSE:YUMC) said its first-quarter fiscal 2022 operations are significantly impacted by the highly transmissible Omicron variant causing outbreaks across China, including economically important regions of Guangdong, Shanghai, Shandong, and Jilin. The company noted quarter-to-date case counts for 2022 have surpassed that of the full year 2021. Yum China's same-store…

Benzinga

Restrictions Take Fourth-Quarter Bite Out of Rebounding Year for Yum China

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