Financial News

Yum China Reports Third Quarter 2021 Results

Total Revenues grew 9 %. System Sales grew 1 % in constant currency Opened a record of 524 new stores Reported $178 million Operating Profit despite Delta variant outbreak, demonstrating resiliency and agility   SHANGHAI , Oct. 27, 2021 /PRNewswire/ -- Yum China Holdings, Inc.

Learn More Oct. 27, 2021

Yum China Announces Disclosure under Hong Kong Stock Exchange Rules in Relation to a Possible Quarterly Dividend

SHANGHAI , Oct. 15, 2021 /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. 15, 2021

Yum China and Lavazza Plan to Accelerate Expansion of Lavazza Cafés in China and Extend Partnership to Product Distribution

Aiming for 1,000 Lavazza cafés in China by 2025 through the existing joint venture SHANGHAI , Sept. 22, 2021 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or " Yum China ", NYSE: YUMC and HKEX: 9987) and Luigi Lavazza S.p.A . ("Lavazza" or " Lavazza Group ") announced that they plan to

Learn More Sep. 22, 2021

Yum China Outlines "Fortifying Resiliency, Accelerating Growth" Strategy at 2021 Investor Conference

Accelerating store network expansion, aiming for 20,000 stores as the next milestone   Widening strategic moat in digital and supply chain to enable accelerated growth  Long-term potential for high single to double digit system sales, operating profit and EPS growth SHANGHAI , Sept.

Learn More Sep. 22, 2021

Yum China Business Update

SHANGHAI , Sept. 14, 2021 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or " Yum China ") (NYSE: YUMC and HKEX: 9987) today updated stakeholders on the impact of recent COVID-19 developments. Impact of the Delta Variant Outbreak In our second quarter 2021 earnings release, we mentioned

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Yum China to Host Virtual Investor Day and to Report Third Quarter 2021 Financial Results

SHANGHAI , Sept. 9, 2021 /PRNewswire/ -- Yum China Holdings , Inc. (" Yum China " or the "Company") (NYSE: YUMC and HKEX: 9987) today announced that it will host its virtual Investor Day at 8:00 p.m.   U.S. Eastern Time on Wednesday September 22, 2021 ( 8:00 a.m.

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Yum China Reports Second Quarter 2021 Results

Total Revenues grew 29 %. System Sales grew 14 % and Same-Store Sales were up 5 % in constant currency  Opened 404  new stores ; Total stores reached 11,023,   an  increase of 1,069  stores year over year  Reported $ 233  million Operating Profit SHANGHAI , July 28, 2021 /PRNewswire/ -- Yum China

Learn More Jul. 28, 2021

Yum China Announces Disclosure under Hong Kong Stock Exchange Rules in Relation to a Possible Quarterly Dividend

SHANGHAI , July 16, 2021 /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 Jul. 16, 2021

Yum China to Report Second Quarter 2021 Financial Results

SHANGHAI , June 17, 2021 /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, 2021 at 4:30 p.m.   U.S.

Learn More Jun. 17, 2021

Yum China Reports First Quarter 2021 Results

Total Revenues grew 46%. System Sales grew 34% and Same-Store Sales were up 10% in constant currency Opened 315 new stores and reported $342 million Operating Profit SHANGHAI , April 27, 2021 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or " Yum China ") (NYSE: YUMC and HKEX: 9987) today

Learn More Apr. 27, 2021

Yum China Announces Disclosure under Hong Kong Stock Exchange Rules in Relation to a Possible Quarterly Dividend

SHANGHAI , April 15, 2021 /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. 15, 2021

Yum China to Report First Quarter 2021 Financial Results

SHANGHAI , March 17, 2021 /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, 2021 at 4:30 p.m.   U.S.

Learn More Mar. 17, 2021

Yum China Has Acquired a 5% Equity Interest in Fujian Sunner Development

SHANGHAI , March 16, 2021 /PRNewswire/ -- Yum China Holdings, Inc. (" Yum China ") (NYSE: YUMC and HKEX: 9987) today announced that it has acquired a 5% equity interest in Fujian Sunner Development Co., Ltd. ("Sunner", SZSE: 002299). Founded in 1983 and headquartered in the Fujian Province , Sunner

Learn More Mar. 16, 2021

Yum China Reports Fourth Quarter and Full Year 2020 Results

Fourth Quarter Total Revenues grew 11%. System Sales grew 5% in constant currency Fourth Quarter Operating Profit grew to $180 million Opened 1,165 new stores in 2020 SHANGHAI , Feb. 3, 2021 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or " Yum China ") (NYSE: YUMC and HKEX: 9987) today

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Yum China Announces Disclosure under Hong Kong Stock Exchange Rules in Relation to a Possible Quarterly Dividend

SHANGHAI , Jan. 22, 2021 /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 Jan. 22, 2021