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Stock impact report

Yum China outlines KFC and Pizza Hut expansion into lower-tier cities [Yahoo! Finance]

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: Yahoo! Finance
KFC aims to grow its China estate by one-third to exceed 17,000 outlets by 2028, and expects operating profit for the brand to top 10bn yuan ($1.41bn). The brand will rely on flexible store formats and an accelerated franchise model to extend reach into more than 2,000 lower-tier cities and additional strategic channels. The expansion of Pizza Hut is also planned. From a base of 4,000 stores, the company plans to add more than 600 net new Pizza Hut restaurants each year up to 2028. To enter lower-tier cities, the company aims to utilise a lower capital-expenditure and a streamlined operating model. Yum China expects Pizza Hut's operating profit in China to double between 2024 and 2029 and aims to increase the total Pizza Hut locations to more than 6,000. Technology and supply-chain initiatives will form part of Yum China's strategy. The company plans for the advancement of agentic AI capabilities to support system-human interaction, multi-agent coordination and data-dri Show less Read more
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