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Yum China to Report Second Quarter 2024 Financial Results
Prnewswire· 2024-07-22 00:00
SHANGHAI, July 21, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "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 ...
Yum China: Widening Its Economic Moat And Seizing Growth Opportunities In An Evolving Market
Seeking Alpha· 2024-07-10 07:44
Editor's note: Seeking Alpha is proud to welcome Three Mile Research as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. Click here to find out more » loveguli Investment Thesis We assign Yum China (NYSE:YUMC) a buy rating. The recent stock price decline presents an attractive entry point for this industry leader. Despite current challenges, Yum Chin ...
Yum China's (YUMC) K-COFFEE Opens its 200th Store in China
ZACKS· 2024-07-02 17:30
Yum China Holdings, Inc. (YUMC) announced the opening of the 200th store of KFC’s coffee brand, K-COFFEE, in China. The milestone number was achieved upon recent two store openings in Hangzhou East Railway Station and Hangzhou International Airport.The K-COFFEE’s side-by-side store model houses shared kitchen facilities with KFC stores, which help reduce investment and operating costs while providing exceptional value to its customers. Currently, K-COFFEE side-by-side stores are spread out across more than ...
KCOFFEE Celebrates the Opening of its 200th Store in China
Prnewswire· 2024-07-01 09:00
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 Store in Hangzhou East Railway Station KCOFFEE Store in Hangzhou International Airport KCOFFEE's side-by-side store model, which consists of distinct KCOFFEE storefronts and dining areas wi ...
Yum China and Lavazza Team up to Bring the Automobili Lamborghini and Lavazza Partnership to the China Market
Prnewswire· 2024-06-17 12:55
SHANGHAI, June 17, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China", NYSE: YUMC and HKEX: 9987) 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 ...
Yum China's Popular Children's Day Promotions Highlight its Innovative Approach to IP Collaboration
Prnewswire· 2024-06-04 00:59
SHANGHAI, June 3, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China", NYSE: YUMC and HKEX: 9987) 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 ...
Yum China's Little Sheep and Huang Ji Huang mark respective 25th and 20th anniversaries with new store formats and new store openings
Prnewswire· 2024-05-31 09:39
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 ...
Why Is Yum China (YUMC) Down 2% Since Last Earnings Report?
zacks.com· 2024-05-29 16:35
It has been about a month since the last earnings report for Yum China Holdings (YUMC) . Shares have lost about 2% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Yum China due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Yum China Q1 Earnings and Revenues Surpas ...
YUM CHINA(YUMC) - 2024 Q1 - Quarterly Report
2024-05-08 10:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to _________________ Commission file number 001-37762 Yum China Holdings, Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware 8 ...
Yum China (YUMC) Q1 Earnings and Revenues Surpass Estimates
Zacks Investment Research· 2024-04-30 15:56
Yum China Holdings, Inc. (YUMC) reported impressive first-quarter 2024 results, with earnings and revenues beating the Zacks Consensus Estimate. The top and the bottom line increased on a year-over-year basis. The upside can be attributed to robust total system sales growth and new unit contribution.Earnings & Revenue DiscussionIn first-quarter 2024, the company reported adjusted earnings per share (EPS) of 71 cents, beating the Zacks Consensus Estimate of 66 cents. The bottom line moved up 2.9% from 69 cen ...