Hong Kong’s Café de Coral takes go-slow approach to Mainland dining market
The fast-food chain said its profit doubled in its latest fiscal year, as it makes strong progress in China’s Pearl Delta region, also known as the Greater Bay Area Key…
Yum China revs up restaurant expansion, share repurchases
The operator of the KFC and Pizza Hut chains in China spent a record $745 million on share buybacks and dividends in the first quarter of 2024 Key Takeaways: Yum…
Yum China expands footprint in lower-tier cities to drive growth amid growing consumer caution
The operator of KFC and Pizza Hut restaurants in China posted 21% revenue growth last year, led by aggressive new store opening and price widening campaigns to capture new customers…
Yum China ‘rediscovers’ its fast-food roots in budget-conscious times
The operator of KFC and Pizza Hut restaurants in China has been expanding its price range to tap underserved consumers Key Takeaways: Yum China reported record third-quarter revenue and adjusted…
Yum China plans post-pandemic binge with major expansion
The operator of KFC and Pizza Hut restaurants in China is aiming to boost its footprint by nearly 50% from current levels to 20,000 stores by 2026 Key Takeaways: Yum…
Yum China serves up record quarterly results amid Covid recovery
The latest results for the operator of KFC and Pizza Hut restaurants in China included signs of consumer caution and ‘challenging macro conditions’ post-pandemic Key Takeaways: Yum China posted record…
Pizza Hut delivers growing slice of Yum China’s pie
China’s largest pizza chain opened its 3,000th store in the city of Qinghuangdao, marking a major milestone after a recent overhaul Key Takeaways: Pizza Hut has opened its 3,000th mainland…
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