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Yum China reaffirms 2023 store opening, capital expenditure targets

Yum China reaffirms 2023 store opening, capital expenditure targets

Last night, Yum China reported that the company’s fiscal year 2023 targets remain unchanged, noting plans to open approximately 1,100 to 1,300 net new stores and to make capital expenditures in the range of approximately $700M to $900M.

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