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 targets lower-tier cities in next growth plans
Yum China targets lower-tier cities in next growth plans
The brand plans to reach 25,000 restaurants by 2028.
Yum China’s revenue up 4% YoY to $3.2b in Q3
Same-store sales were up 1% YoY, whilst same-store transactions rose 4%.
China restaurant sales likely slowed amidst spending crackdown: report
Yum China tops the sector for its strong franchise model and management.
KFC China launches sub-brand serving Chinese and Korean-style fried chicken
The new concept is now part of Yum China's growing portfolio of sub-brands.
Yum China posts 4% revenue growth in Q2
Core operating profit rose by 14% YoY.
Yum China pilots new hands-free AI assistant for store managers
The new 'Q-Smart' AI assistant is now being piloted at select KFC stores.
Yum China champions smart restaurant management
Automation is expected to power the company’s expansion across China.
Yum China sales up by 2% YoY in Q1 2025
The company has declared a cash dividend of $0.24 per share on its common stock.
Yum China’s net profit climbs by 10% YoY to $911m in 2024
Its net profit for Q4 2024 also increased by 18.6% to $115m.
Yum China sales increase by 5% YoY in 2024
The company increased its cash dividend to 50%.
Yum China announces $360m share buyback H1 2025
This is part of a broader capital return plan
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.
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