Highest-materiality recent filing
Yum China Reports Q1 2026 Revenue Up 10%, Operating Profit Up 12%, Record Store Openings
Total revenues increased 10% YoY to $3.3 billion; operating profit grew 12% YoY to $447 million.
Yum China expands buyback authorization by $1B, sets $460M repurchase for H1 2026
Board increased buyback authorization by $1B to $5.4B total; remaining authorization ~$1.2B.
Store expansion: on track for 20,000 stores by 2026, accelerating to over 30,000 stores by 2030.
Yum China plans additional ~$270M share buybacks for 2025, total return expected ~$1.5B
Additional $270M open-market share repurchase program announced, starting Sept 3, 2025.
Yum China Q1 EPS $0.77 (+8% YoY), same-store sales flat; margins expand
Diluted EPS rose 8% YoY to a Q1 record $0.77; revenue $3.0B (+1%); operating profit $399M (+7%).
Yum China CFO Andy Yeung resigns; Adrian Ding named Acting CFO; Mikel Durham joins Board
CFO Andy Yeung resigns effective Sept 30, 2024 for personal reasons; Adrian Ding appointed Acting CFO from Oct 1.
Yum China Q1 revenues hit all-time high $2.96B; diluted EPS up 10% ex-FX; record 378 net new stores
Total revenues $2.96B (+1% reported, +7% ex-FX); system sales +6% ex-FX on 8% net new unit contribution.
On March 6, 2025, the Board of Directors (the “Board”) of Yum China Holdings, Inc. (the “Company”) appointed Adrian Ding, the Company’s Acting Chief Financial Officer and Chief Investment Officer, to the position of Chief Financial Officer, effective March 6, 2025.
the Board expanded its size from 11 directors to 12 directors and appointed Ms. Mikel A. Durham, former chief executive officer of American Seafoods Group, as a director, effective August 12, 2024.
Mr. Andy Yeung notified the Company that he intends to resign as Chief Financial Officer of the Company. Mr. Yeung will step down from the position of Chief Financial Officer, effective September 30, 2024.
The Board of Directors of the Company (the “Board”) has appointed Mr. Adrian Ding, the Company’s Chief Investment Officer and General Manager of the Company’s Lavazza joint venture, as its Acting Chief Financial Officer, effective October 1, 2024.
Max materiality 0.90 · Median 0.30 · Most common event other_material