YUM CHINA(09987)
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YUM CHINA(YUMC) - 2025 Q2 - Earnings Call Presentation
2025-08-05 11:00
Financial Performance - System sales grew by 4% YoY in Q2, excluding F/X impact[5] - Same-store sales increased by 1% YoY in Q2[5] - Operating Profit reached $304 million in Q2, a 14% increase YoY[5] - Diluted EPS grew to $0.58, a 5% increase YoY, or 15% excluding mark-to-market impact & F/X[5] - Digital sales exceeded $5 billion in 1H 2025[15] Store Expansion and Franchising - The company added 336 net new stores in Q2 and 583 in 1H[7] - Net new unit contribution to system sales was 4% in Q2[7] - KFC has 12,238 total stores, with 14% franchised[10] - Pizza Hut has 3,864 total stores, with 6% franchised[10] Brand Performance - KFC system sales grew by 5% YoY, with a 1% increase in same-store sales in Q2[20] - KFC's operating profit margin was 14%, a 90 bps increase YoY[20] - Pizza Hut system sales grew by 3% YoY, with a 2% increase in same-store sales in Q2[27] - Pizza Hut's operating profit grew by 16% YoY, with an operating profit margin of 83%, a 90 bps increase YoY[27] Capital Returns - The company targets $3 billion in capital returns for 2025-26 and $45 billion for 2024-26[37] - Net cash by the end of June 2025 was $28 billion[37]
百胜中国(09987.HK)8月4日耗资627.5万港元回购1.7万股

Ge Long Hui· 2025-08-05 10:59
格隆汇8月5日丨百胜中国(09987.HK)公告,8月4日耗资627.5万港元回购1.7万股。 ...
百胜中国(09987) - 翌日披露报表

2025-08-05 10:53
FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別: 股票 狀態: 新提交 公司名稱: 百勝中國控股有限公司("本公司") 呈交日期: 2025年8月5日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司(「香港聯交所」)證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露,必須填妥第一章節 。 | 第一章節 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | | 09987 | 說明 | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | 事件 | | | 已發行股份(不包括庫存股份)變動 | | | 庫存股份變動 | 每股發行/出售價 (註4) ...
百胜中国将于9月23日派发股息每股0.24美元

Zhi Tong Cai Jing· 2025-08-05 10:46
百胜中国(09987)发布公告,该公司将于2025年9月23日派发2025年第二季度股息每股0.24美元。 ...
百胜中国(09987.HK)第二季度经营利润增长14%至3.04亿美元 经营利润率创下第二季度新高
Ge Long Hui· 2025-08-05 10:44
Core Insights - Yum China reported a 4% year-over-year increase in total revenue for Q2 2025, reaching $2.8 billion, with the same growth rate excluding foreign currency translation effects [1] - Operating profit grew by 14% year-over-year to $304 million, marking a new high for Q2, with an operating profit margin of 10.9%, up 100 basis points from the previous year [1] - The company achieved a 5% increase in diluted earnings per share, reaching $0.58, also a new high for Q2, with a 15% increase when excluding certain impacts [1] Revenue and Sales Performance - System sales increased by 4% year-over-year, with a contribution from 4% net new store openings and a 1% same-store sales growth [1] - Same-store transaction volume grew by 2%, marking the tenth consecutive quarter of growth [1] - Delivery sales surged by 22%, accounting for approximately 45% of restaurant revenue, with digital order revenue reaching $2.4 billion, representing 94% of restaurant revenue [2] Membership and Shareholder Returns - The combined membership for KFC and Pizza Hut reached approximately 560 million, a 13% increase from the previous year, with member sales accounting for 64% of system sales [2] - Yum China returned $274 million to shareholders in Q2, including $184 million in stock buybacks and $90 million in cash dividends [2] Strategic Initiatives and Market Expansion - The company continues to expand its target market, with KFC's coffee brand reaching over 1,300 locations and Pizza Hut successfully broadening its menu to attract new customer segments [3] - The company is enhancing its digital capabilities and optimizing store experiences while leveraging delivery platforms to capture additional customer traffic [3] - Yum China aims to create sustainable long-term value for shareholders through strong brand strength and clear strategic positioning [3]
百胜中国(09987)发布第二季度业绩,经营利润3.04亿美元 同比增长14%
智通财经网· 2025-08-05 10:41
Core Insights - Yum China reported a total revenue of $2.8 billion for Q2 2025, representing a year-on-year growth of 4% [1] - Operating profit reached $304 million, an increase of 14% year-on-year [1] - Net profit was $215 million, showing a 1% increase year-on-year [1] - Diluted earnings per share stood at $0.25 [1] Store Expansion and Performance - As of June 30, 2025, the total number of stores reached 16,978, with KFC having 12,238 stores and Pizza Hut 3,864 stores [1] - The company achieved positive same-store sales growth and expanded its store count to nearly 17,000 [1] Strategic Initiatives - The CEO highlighted a dual strategy of efficiency and innovation to provide high value and quality experiences to customers [1] - KFC's new product offerings, such as the Spicy Chicken Leg Burger, and Pizza Hut's upgraded handmade thin-crust pizza have driven customer engagement [1] - The company has expanded its K Coffee brand to over 1,300 locations, leveraging store space and membership base [1] Market Reach and Digitalization - Pizza Hut successfully reached previously untapped customer segments through a new menu that broadened its price range, resulting in double-digit growth in same-store transaction volume [1] - The company is enhancing its strategic moat through membership programs and a super app, optimizing store experiences and capitalizing on delivery platform traffic [1] - Continuous strengthening of end-to-end digital capabilities is aimed at streamlining operations and improving customer experience [1]
百胜中国发布第二季度业绩,经营利润3.04亿美元 同比增长14%
Zhi Tong Cai Jing· 2025-08-05 10:41
Core Insights - Yum China reported a total revenue of $2.8 billion for Q2 2025, representing a year-on-year growth of 4% [1] - Operating profit reached $304 million, an increase of 14% year-on-year, while net profit was $215 million, up 1% year-on-year [1] - The total number of stores reached 16,978, with KFC having 12,238 stores and Pizza Hut 3,864 stores [1] Financial Performance - Total revenue: $2.8 billion, up 4% year-on-year [1] - Operating profit: $304 million, up 14% year-on-year [1] - Net profit: $215 million, up 1% year-on-year [1] - Diluted earnings per share: $0.25 [1] Store Expansion - Total number of stores as of June 30, 2025: 16,978 [1] - KFC stores: 12,238 [1] - Pizza Hut stores: 3,864 [1] Strategic Initiatives - CEO expressed satisfaction with the robust performance, highlighting positive same-store sales growth and expansion to nearly 17,000 stores [1] - KFC's "KFC Coffee" has been expanded to over 1,300 locations, leveraging store space and membership base [1] - Pizza Hut introduced a new menu to reach previously untapped customer segments, resulting in double-digit growth in same-store transaction volume [1] - The company is enhancing its digital capabilities and optimizing store experiences through membership programs and a super app [1]
百胜中国(09987) - 股票发行人现金股息公告

2025-08-05 10:37
| 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責,對其準確性或完整性亦不發表任何聲明,並明確表示,概不對因 公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 | | | | | | --- | --- | --- | --- | --- | | 股票發行人現金股息公告 | | | | | | 發行人名稱 | 百勝中國控股有限公司 | | | | | 股份代號 | 09987 | | | | | 多櫃檯股份代號及貨幣 | 不適用 | | | | | 相關股份代號及名稱 | 不適用 | | | | | 公告標題 | 2025年第二季度財務業績公告 | | | | | 公告日期 | 2025年8月5日 | | | | | 公告狀態 | 新公告 | | | | | 股息信息 | | | | | | 股息類型 | 其他 | | | | | 季度股息 | | | | | | 股息性質 | 普通股息 | | | | | 財政年末 | 2025年12月31日 | | | | | 宣派股息的報告期末 | 2025年6月30日 | | | | | 宣派股息 | 每 股 0.24 ...
百胜中国(09987) - 2025 Q2 - 季度业绩

2025-08-05 10:32
Financial Performance - Operating profit increased by 14% to $304 million, achieving a second-quarter record[4] - Total revenue rose by 4% to $2.8 billion, also reflecting a 4% increase excluding foreign currency translation effects[7] - The company's operating profit increased by 11% to $292 million, setting a new second-quarter record[19] - Total revenue for the quarter was $2,096 million, a 4% increase year-over-year[11] - Total revenue for the quarter ended June 30, 2025, was $2,787 million, a 4% increase from $2,679 million in 2024[27] - Company restaurant revenue increased by 3% to $2,613 million for the quarter, compared to $2,528 million in the same period last year[27] - The net profit attributable to Yum China Holdings, Inc. was $215 million, a slight increase of 1% from $212 million in the same quarter of 2024[27] - For the six months ended June 30, 2025, total revenue reached $5,768 million, a 2% increase from $5,637 million in 2024[27] - The company reported a net income of $291 million for KFC, while Pizza Hut reported a loss of $1 million, highlighting the disparity in performance between the two brands[49] Sales and Growth - Same-store sales grew by 1%, with a 2% increase in same-store transaction volume, marking the tenth consecutive quarter of growth[7] - Delivery sales grew by 22%, representing about 45% of the company's restaurant revenue[7] - Membership numbers for KFC and Pizza Hut combined reached approximately 560 million, a 13% increase year-over-year[7] - The company aims to add approximately 1,600 to 1,800 new stores in 2025, with a target franchisee ratio of 40%-50% for KFC and 20%-30% for Pizza Hut[20] - The company plans to continue expanding its market presence and investing in new product development to drive future growth[49] Shareholder Returns - The company returned $274 million to shareholders, including $184 million in stock repurchases and $90 million in cash dividends[7] - The company plans to return $3 billion to shareholders between 2025 and 2026, building on the $1.5 billion returned in 2024[12] - The company expects at least $1.2 billion in total shareholder returns for 2025, including $536 million in the first half[12] Operational Efficiency - Operating margin improved by 100 basis points to 10.9%, driven by increased restaurant profitability and reduced management expenses[7] - The company reported a restaurant profit margin of 13.3% for the quarter, up from 13.2% in the same quarter of 2024, reflecting a 0.1 percentage point increase[31] - The total costs and expenses for the quarter were $2,483 million, compared to $2,413 million in the same quarter of 2024, reflecting a rise of 2.9%[50] - The company plans to continue focusing on central procurement to enhance efficiency and profitability across its franchise operations[53] Digital and Innovation - Digital order revenue reached $2.4 billion, accounting for approximately 94% of restaurant revenue[7] - Strong digital capabilities and membership programs enable the company to reach customers faster and provide better service[24] - Yum China aims to become the most innovative restaurant pioneer globally[24] Market Presence - Yum China operates over 16,000 restaurants across more than 2,400 cities in China[24] - The company is a leading brand in Western fast food and casual dining, with KFC and Pizza Hut as its flagship brands[24] - The total number of stores reached 16,978, with 12,238 KFC and 3,864 Pizza Hut locations[7] Financial Metrics - Diluted earnings per share increased by 5% to $0.58, with a 15% increase when excluding the impact of market valuation and foreign currency translation[7] - The effective tax rate for the quarter was 25.8%, slightly up from 25.2% in the previous year[27] - The average number of shares outstanding decreased to 373 million from 389 million year-over-year[27] - Cash and cash equivalents decreased to $592 million as of June 30, 2025, down from $723 million at the end of 2024[33] - Total assets decreased to $10,983 million as of June 30, 2025, compared to $11,121 million at the end of 2024[33] Future Strategies - Future growth strategies include new product innovations and potential market expansions[23] - Management expects revenue growth to continue in the upcoming quarters, supported by strategic initiatives and market expansion efforts[50]
YUM CHINA(YUMC) - 2025 Q2 - Quarterly Results

2025-08-05 10:02
Exhibit 99.1 Yum China Reports Second Quarter 2025 Results Operating Profit Increased 14% YoY; OP Margin Expanded 100 Basis Points to 10.9%, a Second-Quarter Record High Same-Store Sales Growth Turned Positive, Driven by 10th Consecutive Quarter of Same-Store Transaction Growth Diluted EPS Up 5%, or 15% Excluding Mark-to-Market and F/X Impact Shanghai, China (August 5, 2025) – Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC and HKEX: 9987) today reported unaudited results for the second ...