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Yum China Holdings ( (YUMC) ) has issued an announcement.
Yum China Holdings, Inc. announced strong financial results for the fourth quarter and full year of 2024, highlighting a 36% increase in fourth-quarter operating profit and a 50% increase in dividends. The company achieved record revenues of $11 billion for the year, opened 1,751 new stores, and returned $1.5 billion to shareholders. With a focus on digital sales, which accounted for 90% of total company sales, and a growing membership base, Yum China continues to strengthen its market position in China’s fast-food sector.
More about Yum China Holdings
Yum China Holdings, Inc. operates in the fast-food industry, primarily focusing on the Chinese market with brands like KFC and Pizza Hut. The company specializes in quick-service and casual dining experiences, with a strong emphasis on digital sales and delivery services.
YTD Price Performance: -2.30%
Average Trading Volume: 2,196,693
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $17.29B
For a thorough assessment of YUMC stock, go to TipRanks’ Stock Analysis page.
