Welcome to our dedicated page for Yum China news (Ticker: YUMC), a resource for investors and traders seeking the latest updates and insights on Yum China stock.
Yum China Holdings, Inc. (YUMC) generates frequent news and disclosures as a large, multi-brand restaurant operator in China. This news page aggregates company announcements, press releases and market updates related to Yum China’s operations, strategy and capital markets activity. Readers can follow developments affecting its portfolio of brands, including KFC, Pizza Hut, Little Sheep, Huang Ji Huang, Taco Bell and the Lavazza coffee concept in China.
Company news often covers financial reporting events, such as quarterly and annual results. Yum China regularly announces the timing of its earnings releases and conference calls, and reports unaudited results for periods such as the third quarter and full fiscal year. These releases include information on system sales growth, same-store sales, store openings, margins, digital and delivery sales, and capital returns to shareholders.
Yum China also issues news about strategic and investor-focused events. Examples include announcements of investor days, where management presents updates on strategy, growth plans, digitalization and AI initiatives, and multi-year financial outlooks. The company has highlighted its RGM (Resilience, Growth and Moat) strategy and an “RGM 3.0” framework, as well as plans for network expansion and store count targets in China.
Capital allocation and shareholder return are recurring themes in Yum China’s news flow. The company has announced share repurchase authorizations, expansions of those authorizations, and specific repurchase agreements in both the U.S. and Hong Kong markets. It also communicates plans for total capital returns over multi-year periods through dividends and share repurchases, and provides updates on the amounts returned to shareholders.
Governance and regulatory disclosures also appear in Yum China’s news. The company reports board changes, such as the appointment of new directors and committee assignments, and provides required notices under Hong Kong Stock Exchange rules for potential dividend declarations. Together, these items give investors and observers insight into Yum China’s governance, capital structure decisions and ongoing compliance with U.S. and Hong Kong listing requirements.
By reviewing this news page, users can track Yum China’s operational performance, expansion plans, digital and AI initiatives, and shareholder return activities as described in its own press releases and related regulatory disclosures.
Yum China (YUMC) reported strong Q4 2024 results with notable improvements in key metrics. Total system sales grew 4% year-over-year, with total revenues reaching a record Q4 high of $2.6 billion. Operating profit increased 36% to $151 million, with operating margin expanding 140 basis points to 5.8%.
For full-year 2024, the company achieved record results with total revenues of $11.3 billion and opened 1,751 net new stores, bringing the total store count to 16,395. Digital sales reached $9.6 billion, accounting for approximately 90% of total Company sales. The company returned $1.5 billion to shareholders through dividends and share repurchases.
Looking ahead, Yum China announced a 50% increase in cash dividend and plans to return $3 billion to shareholders from 2025 through 2026. The company targets 1,600-1,800 net new stores and capital expenditures of $700-800 million for fiscal 2025.
Yum China Holdings (NYSE: YUMC, HKEX: 9987) has announced that its Board of Directors will consider declaring and paying a quarterly dividend. The Board's decision is expected to be made on or around February 6, 2025 (Beijing/Hong Kong Time). This announcement is made in compliance with Hong Kong Stock Exchange (HKEX) listing rules, which require advance notice of board meetings where dividend declarations are to be considered.
The company emphasizes that no Board resolution regarding the dividend has been adopted yet, and there is no guarantee that the dividend will be declared. If approved, the decision will be promptly disclosed by the company through its investor relations website and HKEX filings.
Yum China (NYSE: YUMC) has achieved its seventh consecutive recognition as a '2025 China Top Employer,' ranking second overall among 156 companies and first in the restaurant industry. This recognition highlights the company's commitment to its 'People First' philosophy.
The company has implemented several innovative initiatives, including AI-powered solutions for operations management and the launch of its 'Comprehensive Talent Development' program in 2024. Notable developments include an AIGC-enabled 'MyService' for HR support and a metaverse space for management trainee recruitment, particularly appealing to Gen Z candidates.
Yum China plans to enhance its 'YUMC Care' benefits program in 2025, expanding medical coverage for over 10,000 frontline restaurant managers and broadening its mutual aid fund. The company recently hosted its annual RGM Convention in Hong Kong, attended by more than 11,000 Restaurant General Managers, demonstrating its commitment to the 'RGM No.1' principle.
Yum China Holdings (NYSE: YUMC, HKEX: 9987) has announced it will release its unaudited financial results for the fourth quarter and fiscal year 2024 on Thursday, February 6, 2025. The results will be published before the U.S. market opens and after Hong Kong Stock Exchange trading hours.
The company will host an earnings conference call at 7:00 a.m. U.S. Eastern Time (8:00 p.m. Beijing/Hong Kong Time) on the same day. Interested parties can access the call through a live webcast or join by phone after pre-registration. The webcast replay will be available for one year until February 5, 2026, and presentation slides will be accessible on the company's Investor Relations website.
Yum China (NYSE: YUMC; HKEX: 9987) has maintained its leadership position in the Restaurant & Leisure Facilities Industry on the Dow Jones Sustainability Index for the fifth consecutive year. The company achieved the top global ranking in the S&P Global 2024 Corporate Sustainability Assessment, marking significant improvements with a 5-point increase in its overall score compared to the previous year.
Notable achievements include ranking in the top 1% in 15 out of 24 CSA evaluation criteria, with exceptional performance in Supply Chain Management, Human Capital Management, and Customer Relations. Yum China remains the only mainland Chinese company in the consumer services industry included in the DJSI World Index.
The company maintained its AA rating in MSCI ESG ratings for the third consecutive year, being the only restaurant company worldwide with this distinction. In 2024, Yum China implemented key sustainability initiatives, including increased renewable energy usage, supplier engagement, packaging improvements, and establishing a nationwide coffee ground recycling network. These efforts were recognized with a Gold Award at the 2024 International Packaging Innovation Forum.
Yum China (NYSE: YUMC) has announced share repurchase agreements totaling US$360 million for the first half of 2025, starting January 6, 2025. This includes US$290 million in the U.S. and approximately HK$550 million in Hong Kong.
The agreements are part of a broader capital allocation plan to return US$4.5 billion to shareholders through 2024-2026. In the first 11 months of 2024, the company has already returned a record US$1.37 billion to shareholders, including US$1.18 billion in share repurchases and US$187 million in cash dividends. The company has repurchased 30 million shares, representing approximately 7% of outstanding shares as of December 31, 2023.
Yum China (NYSE: YUMC) has launched its digital supplier recruitment platform at the 2nd China International Supply Chain Expo, transforming traditional supplier selection into a data-driven process. The platform, which began pilot testing in April 2024, allows potential suppliers to submit credentials online, enhancing efficiency and transparency in the selection process. It has already attracted applications across over 30 categories, representing more than a third of the Company's total categories.
The initiative is part of Yum China's 'Spend Better, Buy Better' strategy, aimed at connecting with high-quality global suppliers. The company currently manages a supply chain network of over 800 core suppliers across various categories including food ingredients, packaging, construction, and logistics.
KFC China has reached a significant milestone with the opening of its 1,000th store in the Guangzhou market area, alongside its 100th KCOFFEE cafe in Guangdong province. The company has successfully expanded the side-by-side KCOFFEE model to over 500 locations nationwide, with plans to reach 600 by year-end.
Since entering China in 1987 with its first store in Beijing, KFC has grown to over 11,000 stores nationwide. The Guangdong region has been important for testing innovative concepts, including automated food trucks, breakfast kiosks, and the recent launch of KPRO, a healthy-focused concept store, in Guangzhou and Shenzhen.
Yum China (YUMC) reported strong Q3 2024 results with total revenues increasing 5% YoY to $3.07 billion. Operating profit grew 15% to $371 million, while diluted EPS rose 33% to $0.77. The company expanded its store network to 15,861 locations, including 11,283 KFC and 3,606 Pizza Hut stores, adding 438 net new stores in Q3. Digital sales reached $2.61 billion, accounting for 90% of total Company sales. The company plans to increase capital returns to shareholders from $3 billion to $4.5 billion between 2024-2026. Same-store sales reached 97% of prior year's level, with same-store transactions growing 1% YoY for the seventh consecutive quarter.
Yum China Holdings (NYSE: YUMC, HKEX: 9987) announced that its Board of Directors will consider declaring and paying a quarterly dividend. The Board's decision is expected to be made on or around November 4, 2024 (Beijing/Hong Kong Time). This announcement complies with Hong Kong Stock Exchange rules requiring advance notice of board meetings where dividend declarations are expected. The company emphasized that no Board resolution regarding the dividend has been adopted yet, and there is no guarantee that it will be declared.
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