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Yum China Holdings, Inc.

UllaChi Feb 9, 2022

Yum China's network of KFC and Pizza Hut outlets has kept growing right through the COVID pandemic, even as the size of its workforce has remained steady, the group's chief executive said on Wednesday. "We increased our stores, but without…

Yum China’s KFC brand is tapping into regional Chinese cuisines for further market penetration

UllaChi Jan 19, 2022

To penetrate Chinese market, KFC brand of Yum China Holdings is increasingly tapping into regional Chinese cuisines and adding traditional local dishes to its menu. Last year, KFC launched 12 regionally inspired menu items across day…

Yum China, Jollibee Considering Bids for China Restaurant Chain Wagas

UllaChi Nov 9, 2021

Wagas has also drawn non-binding bids from buyout firms A buyer for the business could emerge by as early as year-end Yum China Holdings Inc., Jollibee Foods Corp. and Restaurant Brands International Inc. are among companies…

Yum China Holdings, Inc. (YUMC) CEO Joey Wat on Q3 2021 Results – Earnings Call Transcript

chinastocks Oct 28, 2021

Yum China Holdings, Inc. Q3 2021 Earnings Conference Call October 27, 2021 8:00 PM ET Company Participants Michelle Shen - Director, Finance Joey Wat - CEO Andy Yeung - CFO Conference Call Participants Michelle Cheng -…

Yum China says digital orders accounted for 87% of all sales

chinastocks Oct 28, 2021

Yum China Holdings reports comparable sales fell 7% in Q3. Comparable sales were down 8% for the KFC chain and 5% for Pizza Hut. Delivery contributed to ~34% of KFC and Pizza Hut's sales in Q3. Digital orders, including delivery, mobile…

Yum China opens Digital R&D Center with three sites for implementing digital strategy

UllaChi Oct 21, 2021

Yum China (YUMC -0.3%) announced the opening of its Digital R&D Center with three sites in Shanghai, Nanjing, and Xi'an. The Digital R&D Center will consolidate and expand dedicated resources to develop new solutions and services…

China KFC Operator Yum China Warns Third-Quarter Profits May Be Slashed in Half on Delta Outbreak

chinastocks Sep 16, 2021

Yum China Holdings Inc., the operator of the ubiquitous KFC fast food chain in China, has warned investors that its profits in the third quarter may be slashed by more than half due to the impact of a summer outbreak of the delta variant of…

Yum China Holdings, Inc. (YUMC) CEO Joey Wat on Q2 2021 Results – Earnings Call Transcript

chinastocks Aug 13, 2021

Yum China Holdings, Inc. Q2 2021 Earnings Conference Call July 28, 2021 8:00 PM ET Company Participants Joey Wat - CEO Andy Yeung - CFO Conference Call Participants Michelle Cheng - Goldman Sachs Xiaopo Wei - Citi…

The Goldman Sachs Group Increases Yum China Price Target to $77.00

chinastocks Jul 11, 2021

Yum China had its target price boosted by analysts at The Goldman Sachs Group from $74.00 to $77.00 in a research report issued on Wednesday, The Fly reports. The brokerage presently has a "buy" rating on the stock. The Goldman Sachs…

Restaurant operator Yum China reinforces climate action efforts

chinastocks Jul 10, 2021

By committing to the SBTi, Yum China pledges to align its business with the aims of the Paris Agreement. Yum China Holdings, a licensee of Yum! Brands in mainland China, has reinforced its climate action efforts by signing the…

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