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-0.000201450443190935 0.000402900886382013 -0.00040290088638187 0.000402900886382013 0.00141015310233683 -0.00906526994359379 -0.0229653505237712 -0.0207493956486705
Stock impact report

The Biggest Beneficiary From China's Luckin Coffee Scandal Could Be KFC [The Motley Fool]

Yum China Holdings, Inc. (YUMC) 
Last yum china holdings, inc. earnings: 4/28 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.yumchina.com
Company Research Source: The Motley Fool
China is not a predominantly coffee-drinking nation, but that's changing quickly.Starbucks(NASDAQ:SBUXLuckin CoffeeNASDAQ:LKextended trading haltPending some clarity, suffice to say Luckin is worth putting on the back burner for now. But on the coffee front, investors often ignore China's largest restaurant operator,Yum ChinaNYSE:YUMCYum! BrandsOld brands with a new twistTo be fair, Yum China is not going to be the high-growth affair that Luckin promised to be. It's already a massive restaurant business with 9,9 stores across the country at the end of the first quarter of 00. Of the total, 6,66 are KFC stores -- China's most popular fast-food chain.But KFC in China is a bit different from what we Americans are accustomed to. One of the reasons why Yum China got spun off from Yum! Brands back in 06 was to give the operator extra flexibility in adapting the menu to local tastes. One of the biggest differences with KFC China is its emphasis on different menu day parts -- most notably bre Show less Read more
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