YUMC News and Press, Yum China Holdings Inc. From 06/20/23

2023-06-20 10:31:29 ET A large number of Chinese consumer stocks listed in the U.S. declined in early trading on Tuesday after China’s State Council failed to issue specific support measures and banks offered modest rate cuts. The developments from Beijing seemed to fall short of the...

2023-06-20 01:55:00 ET Summary Pizza Hut has opened its 3,000th mainland China store, as it accelerates development of the chain in China following a revamp dating back to 2017. The chain has boosted its restaurant margins through automation and use of smaller store formats to ext...

NORTHAMPTON, MA / ACCESSWIRE / June 16, 2023 / For over 15 years, in partnership with the China Rural Development Foundation, Yum China's One Yuan Donation Program has gone from strength to strength. Through it, the company contributes to poverty alleviation and rural revitalization by improving...

Pizza Hut Celebrates the Opening of its 3,000th Store in China PR Newswire SHANGHAI , June 16, 2023 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, " Yum China " or the "Company") today celebrated the opening of Pizza Hut's 3,000 t...

FRIED WITH PRIDE: Everyone has a seat at the table with KFC BANGKOK, June 15, 2023 - (ACN Newswire) - KFC Thailand loaded its buckets with three important ingredients at the "Proud To Be Pride Parade 2023": Love, Respect and Equal Opportunity. A trio of deep-fried values that've been coming...

2023-06-14 06:28:00 ET Summary We’ve seen signs of improvement that are positive for the Chinese internet services sector, but that space also continues to be a place of extreme competitive aggression. As a result of the creation of economic zones, increased availability of...

Yum China to Report Second Quarter 2023 Financial Results PR Newswire SHANGHAI , June 14, 2023 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, " Yum China " or the "Company") today announced that it will report its unaudite...

2023-06-07 20:49:50 ET Summary Restaurant Brands International and Yum Brands are both fast food operators with multiple brands across global markets. They have comparable sizes, revenues, EBITDA margins, and growth. Today, we'll aim to determine which of the two companies act...

NORTHAMPTON, MA / ACCESSWIRE / June 2, 2023 / Yum China, the largest restaurant company in China, is making significant strides toward decarbonizing its business. Given the increasing impact of climate change on the global food system, the restaurant industry has been actively promoting climate ...

2023-05-26 20:26:26 ET Summary YUMC's 1Q23 results demonstrated a significant improvement in margins, with restaurant margins surpassing pre-COVID levels and approaching a record high. YUMC's emphasis on value campaigns has driven the recovery of SSS and contributed to the growth ...