SHANGHAI, March 10, 2025 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE:YUMC) announced that after a thorough search process, Adrian Ding has been appointed as Chief Financial Officer, effective on March 6, 2025. Adrian has been serving as Acting Chief Financial Officer since October 2024. "We are delighted to announce Adrian's appointment as our CFO. Over the last five months, he has made significant contributions, proving himself as the ideal candidate to serve as the Chief Financial Officer of Yum China. He has effectively led the finance team, strengthened our engagement with stakeholders, including the capital markets, and played a pivotal role in buildin

Fourth Quarter Operating Profit Grew 36% and OP Margin1 Expanded 140 Basis PointsSequential Improvement in Same-Store Sales Index and Eighth Consecutive Quarter of Same-Store Transaction GrowthFull Year Operating Profit Rose 5% to $1.2 Billion, Core Operating Profit2 Up 12% and Diluted EPS Up 18%Record 2024 Results: Total Revenues of $11 Billion, 1,751 Net New Stores and $1.5 Billion Capital Returned to Shareholders SHANGHAI, Feb. 6, 2025 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE:YUMC) today reported unaudited results for the fourth quarter and year ended December 31, 2024. Fourth Quarter Highlights Total system sales grew 4% year over year ("YoY"), exclu

SHANGHAI, Jan. 22, 2025 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE:YUMC and HKEX: 9987, "Yum China" or the "Company"), ", 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 board meetings at which a dividend is expected to be declared, that its board of directors (the "Board") will consider the declaration and payment of a quarterly dividend (the "Dividend"). If the Board decides to proceed, the declaration will be adopted by Board resolution on or around February 6, 2025 (Beijing/Hong Kong Time) and will be promptly disclosed by the Com

SHANGHAI, Jan. 21, 2025 /PRNewswire/ -- For the seventh consecutive year, Yum China Holdings, Inc. (the ", Company", or ", Yum China", , (the "Company" or "Yum China", NYSE:YUMC and HKEX: 9987) has been named as a "2025 China Top Employer" by the Top Employers Institute. Yum China placed second overall among 156 companies in China ranked — up from fourth last year — and was once again ranked first for the restaurant industry. This continued recognition underscores Yum China's steadfast dedication to upholding its "People First" philosophy through fostering a supportive workplace and empowering its employees. The Company is committed to embracing new technologies to develop innovative soluti

SHANGHAI, Jan. 15, 2025 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE:YUMC and HKEX: 9987, "Yum China" or the "Company"), ", Yum China", or the ", Company", ) today announced that it will report its unaudited financial results for the fourth quarter and fiscal year ending December 31, 2024, before the U.S. market opens on Thursday, February 6, 2025 (after the trading hours of the Hong Kong Stock Exchange on Thursday, February 6, 2025). Yum China's management will hold an earnings conference call at 7:00 a.m. U.S. Eastern Time on Thursday, February 6, 2025 (8:00 p.m. Beijing/Hong Kong Time on Thursday, February 6, 2025). A live webcast of the call may be accessed at https://edge.media-serve

SHANGHAI, Jan. 9, 2025 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE:YUMC, HKEX: 9987)) today announced that the Company has been ranked number one globally for the Restaurant & Leisure Facilities Industry in the S&P Global 2024 Corporate Sustainability Assessment (CSA). Yum China has been selected as a member of both the Dow Jones Sustainability Indices (DJSI): World Index (DJSI World) and Emerging Market Index (DJSI Emerging Markets) for the fifth consecutive year. Yum China stands out as the only company from the Chinese mainland in the consumer services industry included in the DJSI World Index. This year, Yum China has significantly improved its performa

SHANGHAI, Dec. 5, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE:YUMC) announced that it has entered into share repurchase agreements in the U.S. and Hong Kong for an aggregate repurchase amount of approximately US$360 million for the first half of 2025, commencing on January 6, 2025. The share repurchase agreements include approximately US$290 million under the Rule 10b5-1 of the United States Securities Exchange Act of 1934 in the U.S. and approximately HK$550 million for a similar program in Hong Kong. These agreements are one component of the share repurchase program, and part of the broader capital allocation plan to return US$4.5 billion to sharehol

BEIJING, Nov. 28, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE:YUMC, HKEX: 9987)) officially launched its digital supplier recruitment platform, extending an open invitation to high-quality enterprises from around the world to join its supply chain network at the 2nd China International Supply Chain Expo. The platform enables potential suppliers to conveniently submit their credentials to Yum China online, representing a significant shift from traditional supplier selection to a dynamic, interactive and data-driven process. By simplifying supplier engagement, the platform significantly reduces the manual workload and time needed for supplier evaluation

SHANGHAI, Nov. 19, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE:YUMC, the ", Company", or ", Yum China", )) celebrated a major milestone for KFC in its Guangzhou market area[1], opening its 1,000th KFC store in the area. In conjunction with this milestone, a new side-by-side KCOFFEE cafe was also unveiled, the 100th in Guangdong province, highlighting the growing popularity of this innovative business model. Yum China has expanded this model to over 500 locations nationwide and is on track to open 600 by year-end. KFC became the first Western quick-service restaurant brand to enter the China market in 1987 with its first store in Beijing's Qianmen neighborhood. The first KFC store in

Robust Sales Growth, Margin Expansion and 33% Diluted EPS GrowthSequential Improvement in Same-Store Sales Index and Seventh Consecutive Quarter of Same-Store Transaction Growth Operating Profit Increased by 15% to $371 Million and Core Operating Profit1 Grew 18%Stepping up Capital Returns to Shareholders by 50% to $4.5 Billion for 2024-2026 SHANGHAI, Nov. 4, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE:YUMC) today reported unaudited results for the third quarter ended September 30, 2024. Third Quarter Highlights Total system sales grew 4% year over year ("YoY"), excluding foreign currency translation ("F/X"). The growth was primarily attributable to 7%

JP Morgan upgraded Yum China from Neutral to Overweight and set a new price target of $60.00 from $35.50 previously

Macquarie upgraded Yum China from Underperform to Outperform

Deutsche Bank initiated coverage of Yum China with a rating of Buy and set a new price target of $58.00

Jefferies upgraded Yum China from Hold to Buy and set a new price target of $71.30 from $65.78 previously

CLSA upgraded Yum China from Outperform to Buy and set a new price target of $71.60

Jefferies downgraded Yum China from Buy to Hold

OTR Global downgraded Yum China Holdings from Positive to Mixed

Macquarie downgraded Yum China Holdings from Neutral to Underperform and set a new price target of $52.90 from $56.00 previously

Macquarie downgraded Yum China from Neutral to Underperform

Atlantic Equities initiated coverage of Yum China Holdings with a rating of Overweight and set a new price target of $72.00

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SHANGHAI, March 10, 2025 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE:YUMC) announced that after a thorough search process, Adrian Ding has been appointed as Chief Financial Officer, effective on March 6, 2025. Adrian has been serving as Acting Chief Financial Officer since October 2024. "We are delighted to announce Adrian's appointment as our CFO. Over the last five months, he has made significant contributions, proving himself as the ideal candidate to serve as the Chief Financial Officer of Yum China. He has effectively led the finance team, strengthened our engagement with stakeholders, including the capital markets, and played a pivotal role in buildin

BEIJING, Nov. 28, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE:YUMC, HKEX: 9987)) officially launched its digital supplier recruitment platform, extending an open invitation to high-quality enterprises from around the world to join its supply chain network at the 2nd China International Supply Chain Expo. The platform enables potential suppliers to conveniently submit their credentials to Yum China online, representing a significant shift from traditional supplier selection to a dynamic, interactive and data-driven process. By simplifying supplier engagement, the platform significantly reduces the manual workload and time needed for supplier evaluation

SHANGHAI, Aug. 5, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE:YUMC) (the "Company" or "Yum China") today announced that Andy Yeung, who has served as the Company's Chief Financial Officer since October 2019, intends to resign as the Company's Chief Financial Officer for personal reasons. Andy will step down as the Company's Chief Financial Officer, effective September 30, 2024, and will serve as Senior Advisor to the Company's Chief Executive Officer from October 1, 2024 to February 28, 2025. Adrian Ding, who has been with the Company since March 2019 and currently serves as the Company's Chief Investment Officer and General Manager of the Company's Lavazza joint venture, has been ap

SHANGHAI, July 17, 2023 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE:YUMC) today announced the appointment of Mr. David Hoffmann to the Board of Directors, effective immediately. Mr. Hoffmann will serve as a member of the Audit Committee of the Board. Following the appointment, the Board is comprised of 10 directors, nine of whom are independent. "We are honored to have Dave join our Board of Directors," said Yum China's Independent Chairman Dr. Fred Hu. "Dave brings to us unique perspectives through his leadership experience in the global restaurant industry, strong operational expertise, and deep knowledge about doing business in China and Asia Pacific. I am confident he will prove a val

SHANGHAI, April 18, 2022 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE:YUMC) today announced the appointment of Johnson Huang as its first Chief Customer Officer. The creation of this leadership position is part of the Company's strategic initiatives to integrate customer centricity into the Company's brand-driven culture. Warton Wang, currently the Company's Chief Development Officer, will succeed Mr. Huang as General Manager, KFC. These appointments will be effective on May 1, 2022. Mr. Huang, who currently serves as General Manager, KFC, joined the Company in 2006 and has held a variety of leadership roles. Under Mr. Huang's leadership, KFC grew significant

Fourth Quarter Operating Profit Grew 36% and OP Margin1 Expanded 140 Basis PointsSequential Improvement in Same-Store Sales Index and Eighth Consecutive Quarter of Same-Store Transaction GrowthFull Year Operating Profit Rose 5% to $1.2 Billion, Core Operating Profit2 Up 12% and Diluted EPS Up 18%Record 2024 Results: Total Revenues of $11 Billion, 1,751 Net New Stores and $1.5 Billion Capital Returned to Shareholders SHANGHAI, Feb. 6, 2025 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE:YUMC) today reported unaudited results for the fourth quarter and year ended December 31, 2024. Fourth Quarter Highlights Total system sales grew 4% year over year ("YoY"), exclu

SHANGHAI, Jan. 22, 2025 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE:YUMC and HKEX: 9987, "Yum China" or the "Company"), ", 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 board meetings at which a dividend is expected to be declared, that its board of directors (the "Board") will consider the declaration and payment of a quarterly dividend (the "Dividend"). If the Board decides to proceed, the declaration will be adopted by Board resolution on or around February 6, 2025 (Beijing/Hong Kong Time) and will be promptly disclosed by the Com

SHANGHAI, Jan. 21, 2025 /PRNewswire/ -- For the seventh consecutive year, Yum China Holdings, Inc. (the ", Company", or ", Yum China", , (the "Company" or "Yum China", NYSE:YUMC and HKEX: 9987) has been named as a "2025 China Top Employer" by the Top Employers Institute. Yum China placed second overall among 156 companies in China ranked — up from fourth last year — and was once again ranked first for the restaurant industry. This continued recognition underscores Yum China's steadfast dedication to upholding its "People First" philosophy through fostering a supportive workplace and empowering its employees. The Company is committed to embracing new technologies to develop innovative soluti

SHANGHAI, Jan. 15, 2025 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE:YUMC and HKEX: 9987, "Yum China" or the "Company"), ", Yum China", or the ", Company", ) today announced that it will report its unaudited financial results for the fourth quarter and fiscal year ending December 31, 2024, before the U.S. market opens on Thursday, February 6, 2025 (after the trading hours of the Hong Kong Stock Exchange on Thursday, February 6, 2025). Yum China's management will hold an earnings conference call at 7:00 a.m. U.S. Eastern Time on Thursday, February 6, 2025 (8:00 p.m. Beijing/Hong Kong Time on Thursday, February 6, 2025). A live webcast of the call may be accessed at https://edge.media-serve

SHANGHAI, Jan. 9, 2025 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE:YUMC, HKEX: 9987)) today announced that the Company has been ranked number one globally for the Restaurant & Leisure Facilities Industry in the S&P Global 2024 Corporate Sustainability Assessment (CSA). Yum China has been selected as a member of both the Dow Jones Sustainability Indices (DJSI): World Index (DJSI World) and Emerging Market Index (DJSI Emerging Markets) for the fifth consecutive year. Yum China stands out as the only company from the Chinese mainland in the consumer services industry included in the DJSI World Index. This year, Yum China has significantly improved its performa

SHANGHAI, Dec. 5, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE:YUMC) announced that it has entered into share repurchase agreements in the U.S. and Hong Kong for an aggregate repurchase amount of approximately US$360 million for the first half of 2025, commencing on January 6, 2025. The share repurchase agreements include approximately US$290 million under the Rule 10b5-1 of the United States Securities Exchange Act of 1934 in the U.S. and approximately HK$550 million for a similar program in Hong Kong. These agreements are one component of the share repurchase program, and part of the broader capital allocation plan to return US$4.5 billion to sharehol

SHANGHAI, Nov. 19, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE:YUMC, the ", Company", or ", Yum China", )) celebrated a major milestone for KFC in its Guangzhou market area[1], opening its 1,000th KFC store in the area. In conjunction with this milestone, a new side-by-side KCOFFEE cafe was also unveiled, the 100th in Guangdong province, highlighting the growing popularity of this innovative business model. Yum China has expanded this model to over 500 locations nationwide and is on track to open 600 by year-end. KFC became the first Western quick-service restaurant brand to enter the China market in 1987 with its first store in Beijing's Qianmen neighborhood. The first KFC store in

Robust Sales Growth, Margin Expansion and 33% Diluted EPS GrowthSequential Improvement in Same-Store Sales Index and Seventh Consecutive Quarter of Same-Store Transaction Growth Operating Profit Increased by 15% to $371 Million and Core Operating Profit1 Grew 18%Stepping up Capital Returns to Shareholders by 50% to $4.5 Billion for 2024-2026 SHANGHAI, Nov. 4, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE:YUMC) today reported unaudited results for the third quarter ended September 30, 2024. Third Quarter Highlights Total system sales grew 4% year over year ("YoY"), excluding foreign currency translation ("F/X"). The growth was primarily attributable to 7%

SHANGHAI, Oct. 23, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE:YUMC, ", 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 board meetings at which a dividend is expected to be declared, that its board of directors (the "Board") will consider the declaration and payment of a quarterly dividend (the "Dividend"). If the Board decides to proceed, the declaration will be adopted by Board resolution on or around November 4, 2024 (Beijing/Hong Kong Time) and will be promptly disclosed by the Company. The Company makes available through t

SHANGHAI, Oct. 17, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE:YUMC, ", Yum China", or the ", Company", ))) today announced that it will report its unaudited financial results for the third quarter ending September 30, 2024, before the U.S. market opens on Monday, November 4, 2024 (after the trading hours of the Hong Kong Stock Exchange on Monday, November 4, 2024). Yum China's management will hold an earnings conference call at 7:00a.m. U.S. Eastern Time on Monday, November 4, 2024 (8:00 p.m. Beijing/Hong Kong Time on Monday, November 4, 2024). This change from our previous practice of releasing earnings after the U.S. market closes (before the trading hours of the Hong Kong Stock

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