Pizza Plays Second Fiddle to Chicken in China, but Pizza Hut Is Trying to Change Things [The Motley Fool]
Yum China Holdings, Inc. (YUMC)
Last yum china holdings, inc. earnings: 4/28 04:30 pm
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Source: The Motley Fool
Yum China recently announced a new round of changes at Pizza Hut to try to reinvigorate growth. China loves fried chicken, and KFC is proof. The fast-food chain is the country's largest restaurant operator , with 5,800 locations and counting at the end of September 2018. Not all Western-style fare gets the same love, though. Pizza Hut may be the largest casual-dining establishment in the world's most populous country, but the pizza chain doesn't resonate with younger generations of Chinese consumers the same way it did in the past. That has caused problems for Yum China ( NYSE:YUMC ) , the exclusive franchisee of both concepts from former parent company Yum! Brands ( NYSE:YUM ) . Yum China gets some latitude with menus and how it markets Pizza Hut, and it's redoubling its efforts to woo young people into its stores. Not your father's Pizza Hut Pizza Hut has long been marketed as an upscale dining experience in China. That makes sense, as the ingredients that
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YUMC
News
- China's Small Towns Boom as Megacities Lose Appeal With Brands [BNN Bloomberg (Canada)]BNN Bloomberg
- Yum China Holdings, Inc. (NYSE:YUMC) is favoured by institutional owners who hold 80% of the company [Yahoo! Finance]Yahoo! Finance
- Chris Blumas' Top Picks: April 18, 2024 [BNN Bloomberg (Canada)]BNN Bloomberg
- Yum China Announces Disclosure under Hong Kong Stock Exchange Rules in Relation to a Possible Quarterly DividendPR Newswire
- Q4 Earnings Roundup: Wendy's (NASDAQ:WEN) And The Rest Of The Traditional Fast Food Segment [Yahoo! Finance]Yahoo! Finance
YUMC
Earnings
- 2/6/24 - Beat
YUMC
Sec Filings
- 4/11/24 - Form ARS
- 4/11/24 - Form DEFA14A
- 4/11/24 - Form DEF
- YUMC's page on the SEC website