NEWS WRAP: Yum China boosts returns to shareholders on strong quarterly results
The operator of KFC and Pizza Hut restaurants in China announced it was expanding its cash allocation for share buybacks and dividend payments between 2024 and 2026 By Doug…
NEWS WRAP: Top Yum China execs, board member buy over $600,000 of company’s stock
Four senior executives, including CEO Joey Wat and one non-executive board member, have made purchases in the past two weeks after the company reported market-beating results By Doug Young…
Yum China serves up profit, margin growth despite challenging consumer landscape
The operator of KFC and Pizza Hut restaurants in China reported revenue and profit growth in the second quarter, even as sales contracted at many of its rivals Key Takeaways:…
Hong Kong’s Café de Coral takes go-slow approach to Mainland dining market
The fast-food chain said its profit doubled in its latest fiscal year, as it makes strong progress in China’s Pearl Delta region, also known as the Greater Bay Area Key…
Yum China revs up restaurant expansion, share repurchases
The operator of the KFC and Pizza Hut chains in China spent a record $745 million on share buybacks and dividends in the first quarter of 2024 Key Takeaways: Yum…
Yum China expands footprint in lower-tier cities to drive growth amid growing consumer caution
The operator of KFC and Pizza Hut restaurants in China posted 21% revenue growth last year, led by aggressive new store opening and price widening campaigns to capture new customers…
Yum China ‘rediscovers’ its fast-food roots in budget-conscious times
The operator of KFC and Pizza Hut restaurants in China has been expanding its price range to tap underserved consumers Key Takeaways: Yum China reported record third-quarter revenue and adjusted…
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