Yum China
Yum China Holdings, Inc. is a licensee of Yum! Brands in mainland China. It has exclusive rights in mainland China to KFC, China's leading quick-service restaurant brand, Pizza Hut, the leading casual dining restaurant brand in China, and Taco Bell, a California-based restaurant chain serving innovative Mexican-inspired food. Yum China also owns the Little Sheep, Huang Ji Huang, East Dawning and COFFii & JOY concepts outright. In addition, Yum China has partnered with Lavazza to explore and develop the Lavazza coffee shop concept in China.
Yum China reports sales boost driven by new restaurant growth
Total system sales grew 4% year-on-year.
Yum China to consider quarterly dividend for November
The declaration will be adopted on or around 4 November if the board decides to proceed.
Yum China CFO resigns
He will serve as a an advisor to the CEO until February 2025.
Yum China reports 4% total system sales boost in Q2
This was attributed to the group’s effort in creating low ticket items.
Yum China sales boosted by record breaking restaurant quarter opening
The company opened a total of 378 restaurants in the first quarter of 2024.
Yum China revenue surges 25% in Q2
The group attributed the growth to both KFC and Pizza Hut's performance.
Yum China seeks primary listing in HKEX
It will be dual primary listed as it is also part of the NYSE.
Yum China launches ‘green’ KFC stores in Beijing, Hangzhou
The company expects the Green Pioneer Stores are expected to further cut GHG emissions.
Yum China names Johnson Huang as first chief customer officer
Warton Wang, currently the company's chief development officer, will succeed Huang as general manager for KFC.
Yum China expands share repurchase plan
The company earlier said it might delist from the New York Stock Exchange by 2024.
Yum China grows sales despite Delta outbreaks
Net income increased 26% to US$990 million.
Jollibee, Yum China, RBI considering bids for Chinese restaurant chain Wagas: report
The owners of the Wagas business are seeking a valuation of US$800 million to US$1 billion or more.
Yum China bolsters digital capabilities with new research center
The centre will consolidate and expand resources to develop new solutions and services using technologies in big data, AI, and others.
Yum China, Lavazza lay $200m plan to open 1,000 stores by 2025
Lavazza has 22 stores in China across Shanghai, Hangzhou, Beijing and Guangzhou.
Yum China sees Q2 growth despite Delta variant impact
It opened 404 stores during the quarter.
Yum China commits to science-based emissions reduction targets
It plans to define a target and roadmap to reduce GHG emissions along its value chain within 24 months.
