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Shares of restaurant company Yum China Holdings (NYSE: YUMC) soared 33.2% in September, according to data provided by S&P Global Market Intelligence. It was a welcome development for shareholders ...
Yum! Brands (NYSE: YUM) Q4 2024 Earnings Call Feb 06, ... supported by our strong partnership with Yum! China, the largest and most capable restaurant operator in the world. ... But the good news ...
It was spun off from Yum! Brands in 2016, becoming an independent, publicly traded company on November 1, 2016. Yum China is a trademark licensee of Yum Brands, paying 3% of total systemwide sales to Yum Brands. It operates 8,484 restaurants in over 1,100 cities located in every province and autonomous region in Mainland China. It has a ...
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Yum! Brands has been struggling in China for the past year, with same-store sales declining in the double digits nearly every month. Its KFC business was hit hard after fears of avian flu, along ...
PepsiCo divested the brands in 1997, and these consolidated as Yum! The company operates KFC, Pizza Hut, Taco Bell, WingStreet (Pizza Hut's chicken wing menu), and Habit Burger & Grill since 2020, except in China, where the brands are operated by another company known as Yum China. Yum! previously also owned Long John Silver's and A&W Restaurants.
For years, Yum! Brands had the fast food industry's darling -- unparalleled exposure to the endlessly giving market that is China. To this day, the company is the largest U.S. fast food provider ...
Forget the skeptics: KFC and Pizza Hut are still huge in China. In fact, the chains' parent company, Yum! Brands , is aiming to make both chains' presence bigger than ever going forward, with ...