{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-049931","form_type":"8-K","ticker":"YUMC","cik":"0001673358","company_name":"Yum China Holdings, Inc.","filed_at":"2024-04-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.520010+00:00","generated_at":"2026-06-03T05:37:44.478189+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Yum China Q1 revenues hit all-time high $2.96B; diluted EPS up 10% ex-FX; record 378 net new stores","bullets":["Total revenues $2.96B (+1% reported, +7% ex-FX); system sales +6% ex-FX on 8% net new unit contribution.","Diluted EPS $0.71 (+4% reported, +10% ex-FX); core operating profit $396M (+1% YoY).","Opened 378 net new stores (record); total store count >15,000 (10,603 KFC, 3,425 Pizza Hut).","Restaurant margin fell to 17.6% (down 1.7ppts) on value offerings and wage inflation, partly offset by G&A savings.","Record quarterly shareholder return of $745M via $681M buybacks and $0.16/sh dividend; FY2024 targets unchanged."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-049931","json":"https://secwatch.observer/filing/0000950170-24-049931.json","markdown":"https://secwatch.observer/filing/0000950170-24-049931.md","text":"https://secwatch.observer/filing/0000950170-24-049931.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1673358/000095017024049931/0000950170-24-049931-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1673358/000095017024049931/yumc-20240429.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T05:37:44.478189+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"40b5fd04d2928dd98a207d29bf580b436252de12","claim":"Yum China Holdings, Inc. reported financial results for the first quarter ended March 31, 2024.","evidence_excerpt":"On April 29, 2024, Yum China Holdings, Inc. issued a press release announcing its unaudited results for the first quarter ended March 31, 2024.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1673358/000095017024049931/0000950170-24-049931-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2024"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}