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Yum China Holdings Inc - YUMC STOCK NEWS

Welcome to our dedicated news page for Yum China Holdings (Ticker: YUMC), a resource for investors and traders seeking the latest updates and insights on Yum China Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Yum China Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Yum China Holdings's position in the market.

Rhea-AI Summary
Pizza Hut China (Ticker: N/A) Collaborates with Beijing Aita Animal Protection Foundation for Pet-Friendly Restaurants Expansion in 17 Cities. The collaboration showcases Pizza Hut's commitment to social responsibility and innovation, offering unique dining experiences for customers and their pets. With 20 locations across China, the expansion includes thoughtful amenities and informative posters for a welcoming atmosphere.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.95%
Tags
partnership
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Rhea-AI Summary
Yum China increases share repurchase authorization by $1 billion to a total of $3.4 billion. The company has repurchased 36 million shares for $1.6 billion since 2017. The remaining authorization is approximately $1.8 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.74%
Tags
buyback
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Rhea-AI Summary
Yum China Holdings, Inc. reported unaudited results for Q3 2023. Total revenues increased 9% to $2.91 billion, with a 15% increase in constant currency. Total system sales grew 15%, driven by new unit contribution, same-store sales, and lapping of temporary closures. Same-store sales increased 4% at KFC and 2% at Pizza Hut. The company opened 500 net new stores during the quarter, reaching a total store count of 14,102. Operating profit grew 2% to $323 million, while adjusted operating profit reached a record of $327 million. Net income increased 18% to $244 million, and adjusted net income increased 19% to $248 million. Diluted EPS increased 18% to $0.58.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-15.22%
Tags
earnings
Rhea-AI Summary
Yum China Holdings announces consideration of quarterly dividend
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.43%
Tags
dividends
-
Rhea-AI Summary
Yum China named to Fortune's 2023 Change the World list
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.07%
Tags
none
-
Rhea-AI Summary
Yum China Holdings will report Q3 financial results on October 31, 2023. Earnings conference call to be held on the same day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.75%
Tags
conferences earnings
Rhea-AI Summary
Yum China targets double-digit EPS CAGR and $3 billion shareholder return from 2024 to 2026. Aims to reach 20,000 stores by 2026. Positive growth outlook.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.45%
Tags
none
-
Rhea-AI Summary
Yum China has announced that its logistics center in Nanning is now powered by renewable energy, making it the first cold chain logistics center in China to operate on carbon-neutral power. This achievement aligns with the company's goal of achieving net-zero value chain GHG emissions by 2050. Yum China plans to expand its use of renewable energy in its restaurants and supporting facilities, with 70 stores expected to transition to green energy by the end of 2023. The company also plans to generate its own power from distributed photovoltaics (DPV) and increase its energy storage capacity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.55%
Tags
none
-
Rhea-AI Summary
Yum China announces Investor Day on September 14-15, 2023 in Xi'an, China.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.39%
Tags
conferences
Rhea-AI Summary
Yum China's 'One Yuan Donation' program provides modern kitchen equipment to Jinxing Elementary School, reducing fuel costs by up to 75% and improving meal quality. Improved nourishment leads to better academic performance and lasting impact on rural children.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.55%
Tags
none
Yum China Holdings Inc

NYSE:YUMC

YUMC Rankings

YUMC Stock Data

15.27B
371.45M
0.29%
87.35%
2.3%
Food Service Contractors
Accommodation and Food Services
Link
China (Mainland)
No 20 Tianyaoqiao Road

About YUMC

长沙肯德基有限公司隶属于百胜中国控股有限公司,1997年进驻湖南市场,目前在湖南的74多城市拥有近300余家餐厅,员工人数超过1.5万人。