来源：格隆汇APP 格隆汇8月6日丨根据联交所最新权益披露资料显示，2025年8月1日，百胜中国(09987.HK)获Principal Global Investors, LLC在场内以每股均价375.80港元增持12.98万股，涉资约4877.88万港元。 增持后，Principal Global Investors, LLC最新持股数目为1870.01万股，持股比例由4.98%上升至5.06%。 | 股份代號: | 09987 | | --- | --- | | 上市法國名稱: | 西唐中國姓殷有限公司 | | 日期(日/月/年): | 06/07/2025 - 06/08/2025 | | 因情序獎 | 大股票/董事/能量行政人員名稱作出談書的 霞入 / 蒙出或市及前 舞股記平均價 | | | 陸克娜益的股份數目 估已發行的 有關事件的日期 相關法國股份 價權是確益 | | --- | --- | --- | --- | --- | | 中国商城 国际 | | | | ( 該會開上班*註 資投票權股(日/月/年) 權益 | | | | | | 同学习中 | | CS20250805E00008 Pri ...

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， 並明確表示概不會就本公告全部或任何部分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。 Yum China Holdings, Inc. 百 勝 中 國 控 股 有 限 公 司 （於美利堅合眾國特拉華州註冊成立的有限公司） （股份代號：9987） 董事名單及其角色與職能 獨立董事 胡祖六博士 （董事長） Mikel A. DURHAM 女士 Edouard ETTEDGUI 先生 葛新女士 David HOFFMANN 先生 盧蓉女士 邵子力先生 汪洋先生 衛哲先生 張敏女士 朱曉靜女士 董事會設有四個董事會委員會。下表提供本公司各董事任職所在該等委員會的成員資料。 | | | 審計委員會 | 薪酬委員會 | 提名與管治委員會 | 食品安全與可持續 | | --- | --- | --- | --- | --- | --- | | | | | | | 發展委員會 | | 胡祖六博士 | | | | C | | | 屈翠容女士 | | | | | | | Robert B. AIKEN先生 | ...

(本文来自第一财经) 美股周二收盘，道指收跌0.1%，标普500指数跌0.49%，纳指跌0.65%。辉瑞(PFE.N)涨5%， Coinbase(COIN.O)跌6.3%，微软(MSFT.O)、Meta Platforms(META.O)均跌超1%。纳斯达克中国金龙指数 跌0.56%，百胜中国(YUMC.N)跌6%，蔚来汽车(NIO.N)跌2%。 ...

【今日焦点】 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 百胜中国(09987.HK)公告，2025年第二季度，总收入同比增长4%至28亿美元，同样增长4%，不计及外 币换算影响。经营利润同比增长14%至3.04亿美元，创第二季度新高。核心经营利润同比增长14%。经 营利润率为10.9%，同比增长100个基点，同样创下第二季度新高，这得益于餐厅利润率的增长和管理 费用的减少。餐厅利润率为16.1%，同比增长60个基点，主要得益于食品及包装物、物业租金及其他经 营开支的减少。 每股摊薄盈利同比增长5%至0.58美元，创下第二季度的又一新高，同样同比增长5%，不计及外币换算 影响。剔除0.04美元公司于2025年和2024年第二季度按市值计价的股权投资以及外币换算带来的不利影 响后，每股摊薄盈利同比增长15%。 期间系统销售额同比增长4%，不计及外币换算影响。该增长较第一季度环比提升，主要得益于4%的净 新增门店贡献以及1%的同店销售额增长。同店销售额实现1%的正增长。同店交易量同比增长2%，连续 第十个季度实现增长。净新增门店336家，其中加盟店净新增89 ...

业绩公告显示，截至2025年6月30日，集团门店总数达16978家，其中肯德基门店总数达12238家，必胜 客门店总数达3864家。二季度净新增门店336家，其中加盟店净新增89家，占比26%。预计全年净新增 门店1600-1800家。 百胜中国首席执行官屈翠容表示，公司第二季度取得了稳健的业绩表现，不仅实现了同店销售额的正增 长，也将门店总数拓展至近17000家。公司经营利润实现双位数增长，利润率也显著提升。肯德基持续 彰显业务韧性，必胜客则延续良好的增长势头。预计在2024年已向股东回馈15亿美元的基础上，在2025 至2026年间向股东回馈30亿美元。 新京报讯(记者王萍)8月5日，百胜中国发布2025年第二季度业绩，集团取得总收入28亿美元，同比增长 4%；经营利润3.04亿美元，同比增加14%；净利润2.15亿美元，同比增加1%。 ...

Core Insights - Yum China Holdings (YUMC) reported quarterly earnings of $0.58 per share, exceeding the Zacks Consensus Estimate of $0.57 per share, and showing an increase from $0.55 per share a year ago, resulting in an earnings surprise of +1.75% [1] - The company generated revenues of $2.79 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 0.15% and up from $2.68 billion year-over-year [2] - Yum China has outperformed consensus EPS estimates three times over the last four quarters, but has only topped revenue estimates once in the same period [2] Earnings Outlook - The future performance of Yum China shares will largely depend on management's commentary during the earnings call and the sustainability of the stock's immediate price movement based on the recently released numbers [3][4] - The current consensus EPS estimate for the upcoming quarter is $0.76 on revenues of $3.17 billion, and for the current fiscal year, it is $2.50 on revenues of $11.63 billion [7] Industry Context - The Retail - Restaurants industry, to which Yum China belongs, is currently ranked in the top 41% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors or through tools like the Zacks Rank [5][6]

Financial Data and Key Metrics Changes - The company achieved record highs in revenue, operating profit, and operating profit margin for Q2 2025, with operating profit growing 14% to $304 million [5][29] - Same store sales growth turned positive at 1%, marking the tenth consecutive quarter of same store transaction growth [6][36] - System sales growth reached 4%, showing a sequential improvement of two percentage points [6][26] - Restaurant margin improved by 60 basis points, and operating profit margin increased by 100 basis points year over year [7][29] Business Line Data and Key Metrics Changes - KFC achieved 5% system sales growth and a healthy restaurant margin in Q2, operating over 12,000 stores in more than 2,400 cities [8][9] - Pizza Hut sustained a 2% same store sales growth, with a 17% increase in same store transactions, operating over 3,800 stores [9][22] - K Coffee Cafe contributed to incremental sales, with average cups sold increasing and a total of 1,300 locations nationwide [20][21] Market Data and Key Metrics Changes - Delivery sales accounted for around 45% of total sales mix, up from 38% in the same quarter last year [14][16] - The company opened 336 net new stores in Q2, with a total of 12,238 stores for KFC and 3,864 stores for Pizza Hut [19][24] Company Strategy and Development Direction - The company is focused on operational efficiency and innovation, with a dual strategy targeting both same store sales and system sales growth [5][10] - The introduction of new store formats, such as Pizza Hut Wow! stores, aims to penetrate lower-tier cities and improve profitability [25][66] - The company plans to maintain a balanced approach to delivery, leveraging both third-party platforms and its own channels to enhance visibility and traffic [16][37] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving full-year targets for 2025, including new store openings and system sales growth [34][44] - The competitive landscape remains challenging, but the company aims to protect margins while driving sales through core competencies [51][112] - The company anticipates a steady same store sales level year over year in the second half, despite macroeconomic uncertainties [36][54] Other Important Information - The company returned a total of $536 million to shareholders in the first half of the year, with plans to return at least $1.2 billion in 2025 [32][33] - Capital expenditure guidance was revised down from $700-800 million to $600-700 million due to lower CapEx per store [39][95] Q&A Session Summary Question: Delivery business growth and margin impact - Management acknowledged intense competition in the delivery space but emphasized a focus on core competencies and maintaining price integrity [50][52] Question: New store format performance and targets - Management confirmed that the Pizza Hut Wow! model is showing promising results, with no specific guidance on store openings yet [61][66] Question: Potential for Pizza Hut's restaurant and operating margins - Management indicated that there is room for improvement in Pizza Hut's margins, with a focus on operational efficiency and cost management [70][76] Question: Impact of delivery platform subsidies on margins - Management stated that larger brands like Yum China enjoy favorable subsidy arrangements, which helps mitigate margin impacts [82][83] Question: Average check trends at KFC - Management noted that while average check may decline due to smaller orders, the focus remains on driving same store transaction growth [88][91] Question: CapEx guidance and future trends - Management explained that the CapEx reduction is primarily due to lower CapEx per store, with expectations for similar trends in the future [94][96] Question: Franchise mix strategy - Management clarified that the decision to open franchise stores is based on strategic alignment and market conditions, particularly in lower-tier cities [102][105] Question: Competitive environment and margin preservation - Management reiterated the importance of maintaining a balance between sales growth and margin protection amidst competitive pressures [110][112]

Yum China (YUMC) Q2 2025 Earnings Call August 05, 2025 07:00 AM ET Speaker0Good day, and thank you for standing by. Welcome to Yum China's Second Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. To ask a question during the session, you will need to press 11 on your telephone.You would then hear an automated message advising your hand is raised. Please be advised that ...

本文源自：金融界AI电报 百胜中国(09987.HK)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)公布，2025年8月4日于港交所耗资约627.47万港元回购1.705万股股份，于纽约证券交 易所耗资约320万美元回购约6.83万股股份。 ...