Yum China Holdings, Inc. owns, operates, and franchises restaurants in China. The company operates through two segments, KFC and Pizza Hut. It operates restaurants under the KFC, Pizza Hut, Little Sheep, Huang Ji Huang, COFFii & JOY, East Dawning, Taco Bell, and Lavazza brands, which specialize in chicken, pizza, hot pot cooking, Chinese food, Mexican-style food, specialty coffee, simmer pot, and Italian coffee categories. The company also provides online food delivery services. In addition, it operates franchise restaurants under the KFC, Pizza Hut, Huang Ji Huang, Taco Bell, Little Sheep, East Dawning, Lavazza, and COFFii & JOY names. As of June 30, 2021, the company operated 11,023 restaurants in approximately 1,500 cities. Yum China Holdings, Inc. was incorporated in 2016 and is headquartered in Shanghai, China.
IPO Year: 2016
Exchange: NYSE
Website: yumchina.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
8/6/2024 | Underperform → Outperform | Macquarie | |
12/19/2023 | $58.00 | Buy | Deutsche Bank |
9/22/2023 | $65.78 → $71.30 | Hold → Buy | Jefferies |
9/15/2023 | $71.59 | Outperform → Buy | CLSA |
2/1/2023 | Buy → Hold | Jefferies | |
1/24/2022 | Positive → Mixed | OTR Global | |
9/15/2021 | $56.00 → $52.90 | Neutral → Underperform | Macquarie |
9/15/2021 | Neutral → Underperform | Macquarie |
U.S. stocks were mostly higher, with the Dow Jones index gaining around 100 points on Thursday. Shares of Methode Electronics, Inc. (NYSE:MEI) rose sharply during Thursday's session after the company reported better-than-expected fourth-quarter sales results. Methode Electronics reported a fourth-quarter fiscal 2024 net sales decline of 7.9% year-on-year to $277.30 million, beating the analyst consensus estimate of $264.04 million. Adjusted EPS loss of 23 cents missed the analyst consensus loss estimate of 20 cents, according to data from Benzinga Pro. Methode Electronics shares surged 29.4% to $12.22 on Thursday. Here are some other big stocks recording gains in today’s session.
Yum China Holdings's (NYSE:YUMC) short percent of float has fallen 7.81% since its last report. The company recently reported that it has 9.11 million shares sold short, which is 2.36% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.32 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short int
Key Takeaways: TH International will return China rights for Popeyes to the brand’s owner and focus on developing its core Tim Hortons chain in China The company concurrently announced $50 million in new funding, providing an important financial cushion as it suffers in a brutal Chinese coffee price war By Doug Young Spurned once is bad enough. But the Popeyes fast food brand is looking increasingly like a wallflower in the massive China restaurant market, after being dumped there last week for the third time. The popular fried chicken chain was spurned this time by TH International Ltd. (NASDAQ:THCH), which only acquired the China rights to Popeyes two years ago. TH International’s
The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here's the latest list of major oversold players in this sector, having an RSI near or below 30. Ammo Inc (NASDAQ:POWW) On June 13, AMMO posted a profit for the first quarter. Jared Smith, AMMO’s CEO, commented
Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") is pleased to announce that KCOFFEE has opened its 200th store in China, following two new store openings yesterday in Hangzhou East Railway Station and Hangzhou International Airport. KCOFFEE's side-by-side store model, which consists of distinct KCOFFEE storefronts and dining areas with a warm, inviting café ambience adjacent to KFC restaurants, has been expanding rapidly since the beginning of 2024, averaging approximately one new store opening per day. The model features shared kitchen facilities with KFC stores, which helps to reduce investment and operating costs while providing excellent value to custo
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. Below are some instances of options activity happening in the Consumer Discretionary sector: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume AMZN CALL TRADE BULLISH 06/28/24 $182.50 $68.0K 1.8K 6.7K BJRI CALL SWEEP
Yum China Holdings's (NYSE:YUMC) short percent of float has fallen 7.48% since its last report. The company recently reported that it has 11.51 million shares sold short, which is 2.97% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.11 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short in
Record Second Quarter Revenue Led by Same-store Transaction Growth and New Unit GrowthImproved OP Margin and Achieved Record Second Quarter Operating ProfitOperating Profit Grew 4%, Core Operating Profit1 Grew 12%, Diluted EPS Grew 17%Record First Half Openings of 779 Net New Stores and Cash Returns to Shareholders of Nearly $1 Billion SHANGHAI, China, Aug. 5, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE:YUMC) today reported unaudited results for the second quarter ended June 30, 2024. Second Quarter Highlights Total system sales grew 4% year over year ("YoY"), excluding foreign currency translation ("F/X"), on top of last year's high base. The growth w
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 24, 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 August 6, 2024 (Beijing/Hong Kong Time) and will be promptly disclosed by the Company. The Company makes available through the
SHANGHAI, July 21, 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 second quarter ending June 30, 2024, after the U.S. market closes on Monday, August 5, 2024, U.S. Eastern Time (Tuesday, August 6, 2024, Beijing/Hong Kong Time). Yum China's management will hold an earnings conference call at 8:00 p.m. U.S. Eastern Time on Monday, August 5, 2024 (8:00 a.m. Beijing/Hong Kong Time on Tuesday, August 6, 2024). A live webcast of the call may be accessed at https://edge.media-server.com/mmc/p/qibtjiz2. To join by phone, please register in advance of the conference through
SHANGHAI, July 1, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") is pleased to announce that KCOFFEE has opened its 200th store in China[1], following two new store openings yesterday in Hangzhou East Railway Station and Hangzhou International Airport. KCOFFEE's side-by-side store model, which consists of distinct KCOFFEE storefronts and dining areas with a warm, inviting café ambience adjacent to KFC restaurants, has been expanding rapidly since the beginning of 2024, averaging approximately one new store opening per day. The model features shared kitchen facilities with KFC stores, which helps to reduce investment and operating costs
SHANGHAI, June 17, 2024 /PRNewswire/ -- Yum China Holdings, Inc. ((the ", Company", or ", Yum China", , NYSE:YUMC) and its joint venture partner Lavazza, one of the world's most prominent coffee manufacturers, announced today that they will bring a new partnership between Lavazza and iconic super sports car producer Automobili Lamborghini to the China market. Starting June 18, Lavazza will introduce a limited-time co-branded "LAVAZZA Shakerato" drink with Automobili Lamborghini in China, showcasing the synergy of Lavazza's coffee expertise and Automobili Lamborghini Squadra Corse's dynamic spirit. A creative take on the classic Italian shaken iced coffee drink, LAVAZZA Shakerato, served in
SHANGHAI, June 3, 2024 /PRNewswire/ -- Yum China Holdings, Inc. ((the ", Company", or ", Yum China", , NYSE:YUMC) today announced that in celebration of Children's Day in China, over 4 million toy set meals have been sold this year as of June 2. Building on its long-term collaboration, KFC China teamed up with Pokémon again this year, offering six new Pokémon toys for this year, designed to appeal to fans of all ages. The exciting lineup included a Gengar memory game, a popular gaming toy; a Pikachu CD player and a Mimikyu spinner that incorporates image recognition and voice recognition technology; and a Pokémon-themed hand-eye coordination trainer that encourage physical activity. Meanwhi
SHANGHAI, May 31, 2024 /PRNewswire/ -- Yum China's Chinese Dining Business Unit – which includes the Little Sheep and Huang Ji Huang brands – made exciting new progress since the beginning of 2024, with new stores added to its domestic and global portfolio and innovative new store formats introduced to serve a broader range of party sizes. In May 2024 alone, nine new Little Sheep stores were added in multiple first-, second-, and third-tier cities across China. Internationally, Little Sheep recently returned to the U.S. market in March 2024 with a new store at the American Dream Meadowlands shopping complex in East Rutherford, New Jersey. Domestically, Little Sheep introduced new store form
System Sales Up 6%, Diluted EPS Up 4%, or 10% Excluding F/XOperating Profit Reaches $374 million with Core Operating Profit1 Growing to $396 millionTotal Stores Have Surpassed Milestone of 15,000 with Record First Quarter Openings of 378 Net New Stores Record Quarterly Cash Return to Shareholders of $745 million SHANGHAI, April 29, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE:YUMC) today reported unaudited results for the first quarter ended March 31, 2024. First Quarter Highlights Total system sales grew 6% year over year ("YoY") excluding foreign currency translation ("F/X"), primarily attributable to 8% net new unit contribution.2Total store count r
SHANGHAI, April 17, 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 April 30, 2024 (Beijing/Hong Kong Time) and will be promptly disclosed by the Company. The Company makes available through th
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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
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8-K - Yum China Holdings, Inc. (0001673358) (Filer)
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Record Second Quarter Revenue Led by Same-store Transaction Growth and New Unit GrowthImproved OP Margin and Achieved Record Second Quarter Operating ProfitOperating Profit Grew 4%, Core Operating Profit1 Grew 12%, Diluted EPS Grew 17%Record First Half Openings of 779 Net New Stores and Cash Returns to Shareholders of Nearly $1 Billion SHANGHAI, China, Aug. 5, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE:YUMC) today reported unaudited results for the second quarter ended June 30, 2024. Second Quarter Highlights Total system sales grew 4% year over year ("YoY"), excluding foreign currency translation ("F/X"), on top of last year's high base. The growth w
SHANGHAI, July 24, 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 August 6, 2024 (Beijing/Hong Kong Time) and will be promptly disclosed by the Company. The Company makes available through the
SHANGHAI, July 21, 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 second quarter ending June 30, 2024, after the U.S. market closes on Monday, August 5, 2024, U.S. Eastern Time (Tuesday, August 6, 2024, Beijing/Hong Kong Time). Yum China's management will hold an earnings conference call at 8:00 p.m. U.S. Eastern Time on Monday, August 5, 2024 (8:00 a.m. Beijing/Hong Kong Time on Tuesday, August 6, 2024). A live webcast of the call may be accessed at https://edge.media-server.com/mmc/p/qibtjiz2. To join by phone, please register in advance of the conference through
System Sales Up 6%, Diluted EPS Up 4%, or 10% Excluding F/XOperating Profit Reaches $374 million with Core Operating Profit1 Growing to $396 millionTotal Stores Have Surpassed Milestone of 15,000 with Record First Quarter Openings of 378 Net New Stores Record Quarterly Cash Return to Shareholders of $745 million SHANGHAI, April 29, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE:YUMC) today reported unaudited results for the first quarter ended March 31, 2024. First Quarter Highlights Total system sales grew 6% year over year ("YoY") excluding foreign currency translation ("F/X"), primarily attributable to 8% net new unit contribution.2Total store count r
SHANGHAI, April 17, 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 April 30, 2024 (Beijing/Hong Kong Time) and will be promptly disclosed by the Company. The Company makes available through th
SHANGHAI, April 11, 2024 /PRNewswire/ -- Joey Wat, Chief Executive Officer of Yum China Holdings, Inc. ((the ", Company", or ", Yum China", , NYSE:YUMC) released her annual letter to stockholders today together with the Company's 2023 Annual Report. The letter recapped Yum China's strong 2023 results, the Company's enduring commitment to stockholder return, as well as its pioneering innovation capabilities and ambitious plans for continued expansion. "2023 was a landmark year for Yum China, one of our strongest ever. Transitioning out of the pandemic, we were able not only to seize opportunities amid China's reopening, but also adapt quickly to the year's challenges and sustain strong momen
SHANGHAI, March 19, 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 first quarter ending March 31, 2024 at 4:30 p.m. U.S. Eastern Time on Monday, April 29, 2024 (4:30 a.m. Beijing/Hong Kong Time on Tuesday, April 30, 2024). Yum China's management will hold an earnings conference call at 8:00 p.m. U.S. Eastern Time on Monday, April 29, 2024 (8:00 a.m. Beijing/Hong Kong Time on Tuesday, April 30, 2024). A live webcast of the call may be accessed at https://edge.media-server.com/mmc/p/a29a7ndj. To join by phone, please register in advance of the conference through the li
Fourth Quarter System Sales Up 21%, Operating Profit Up 170% and Core Operating Profit Grew 324% (1)Full Year System Sales Up 21%, Operating Profit Up 76% to $1.1 Billion and Core Operating Profit Grew 79%Record 2023 Results - Total Revenues of $11 Billion, Adjusted Operating Profit of $1.1 Billion and 1,697 Net New Stores Opened 14,644 Stores in Over 2,000 Cities SHANGHAI, Feb. 6, 2024 /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, 2023. Fourth Quarter Highlights Total system sales grew 21% year over year excluding foreign currency translation ("F/X"). Growth was mainly
SHANGHAI, Jan. 25, 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 February 7, 2024 (Beijing/Hong Kong Time) and will be promptly disclosed by the Company. The Company makes available through t
SHANGHAI, Dec. 12, 2023 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE:YUMC, ", 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, 2023 at 4:30 p.m. U.S. Eastern Time on Tuesday, February 6, 2024 (5:30 a.m. Beijing/Hong Kong Time on Wednesday, February 7, 2024). Yum China's management will hold an earnings conference call at 7:00 p.m. U.S. Eastern Time on Tuesday, February 6, 2024 (8:00 a.m. Beijing/Hong Kong Time on Wednesday, February 7, 2024). A live webcast of the call may be accessed at https://edge.media-server.com/mmc/p/rav3hcwk. To join by phone, please register in advan
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
Jefferies Financial Group reiterated coverage of Yum China with a rating of Buy and set a new price target of $68.70 from $63.10 previously