|Bid||32.56 x 900|
|Ask||32.57 x 800|
|Day's Range||32.16 - 32.65|
|52 Week Range||30.10 - 48.75|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||25.85|
|Earnings Date||Oct 30, 2018|
|Forward Dividend & Yield||0.40 (1.25%)|
|1y Target Est||41.58|
Micky Pant, Yum China vice chairman and former CEO, discusses how the trade tensions between the U.S. and China is impacting the fast food giant.
SHANGHAI, Oct. 14, 2018 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (YUMC) has unveiled a new look for Pizza Hut as part of the revitalization plan, marking a new chapter for the restaurant chain. The refreshed brand identity, centered around the theme Always Something New, incorporates a redesigned logo, modern store fit out and exclusive new uniforms designed by leading fashion designer Anna Sui. The Company also launched a Pizza Hut Pioneer store in Nanjing that will serve to test and refine innovative dishes with customers before they are extended to other Pizza Hut stores within the national network of over 2,200 stores.
Instead it is part of a major push by fast food giant Yum China Holdings Inc (YUMC.N) to give its Pizza Hut brand a high-end makeover amid rising competition and flagging sales. The glitzy store and haute couture underscore a sharp strategic shift Pizza Hut is taking to revive its fortunes. The pizza chain has experienced tumbling same store sales this year that have dragged down Yum China's overall growth.
In a Shanghai bistro, surrounded by brass trimmed lamps and Italian marble, models and Chinese stars sported outfits of black, white and electric purple, the signature colours of veteran American fashion designer Anna Sui. Instead it is part of a major push by fast food giant Yum China Holdings Inc (YUMC.N) to give its Pizza Hut brand a high-end makeover amid rising competition and flagging sales. The glitzy store and haute couture underscore a sharp strategic shift Pizza Hut is taking to revive its fortunes.
Yum China (YUMC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
SHANGHAI , Sept. 27, 2018 /PRNewswire/ -- Yum China Holdings, Inc. (" Yum China ") (NYSE: YUMC) today announced that it will report its unaudited financial results for the third quarter ending ...
Haidilao's shares gave up their sharp initial gains on debut in Hong Kong on Wednesday, raising questions about the Chinese hotpot chain's $12 billion valuation and about the outlook for IPOs in the financial hub. It is the second major Hong Kong listing in a week to lose steam after a strong start. Haidilao climbed as much as 10.3 percent early on Wednesday to HK$19.64 compared with its IPO price of HK$17.80.
Hillhouse Capital, an investor in top Chinese technology firms including Tencent and Baidu, has closed its latest funding round at $10.6 billion, it said, making it the region's biggest private equity capital raising. The new fund, Hillhouse Fund IV, will look for investment opportunities across the healthcare, consumer, technology and services sectors globally, with a focus on Asia, the company said in a statement on Wednesday. Hillhouse's $10.6 billion fundraising exceeded the $9.3 billion raised by private equity firm KKR & Co's Asia-focused buyout fund in June 2017, which was a record for the region at that time.
On Tuesday, Yum China (NYSE:YUMC) became one of the markets’ worst performers, with its shares sinking more than 13%. Since its January opener, Yum China stock has given up more than 18% in equity value. As InvestorPlace writer Karl Utermohlen reported, a company that previously expressed interest in buying out YUMC stock apparently reneged on the idea.
Netflix helped the Nasdaq rally again, but is still in base-building mode. Software play New Relic gained sharply. Oil stocks led.
NEW YORK, NY / ACCESSWIRE / September 12, 2018 / Food related stocks GrubHub and Yum China Holdings were two of the most active stocks in the market on Tuesday. Despite any news, GrubHub soared to a brand new high. Shares of Yum China Holdings were in the red as traders reacted to a report that indicated there is no more buy out of the company.
It looks like one potential suitor to take the Chinese operator of KFC and Pizza Hut private is walking away from the negotiating table.
The company’s shares reached a 17-month low as Hillhouse Capital is no longer seeking to buy Yum China, which operates fast food restaurants such as Pizza Hut, KFC and Taco Bell in China. Yum China was birthed after it was spun off from Yum Brands (NYSE:YUM) in October 2016 as it was losing market share due to changing tastes in the region, as well as growing competition from local restaurants and chains. The chain has been unable to reel in a younger audience to its Pizza Hut locations, despite major efforts such as a new menu, an overhaul of its mobile app and the addition of celebrities to promote its U.S. brand.
A consortium of investment firms, including China-based Hillhouse Capital and China's sovereign fund, decided against pursuing an acquisition of Yum China. Talks between the parties were initially reported in late July, but business and macro conditions have since worsened, Bloomberg News' Manuel Baigorri said Tuesday morning on Bloomberg TV. Many of Yum Brands China's restaurant operators are "suffering" from poor sales and the China-U.S. trade war certainly doesn't ease concerns, Baigorri said.
Shares of Yum China Holdings Inc. plummeted 15% toward a 17-month low in active trade Tuesday, to pace the NYSE's decliners, after Bloomberg reported that Hillhouse Capital was dropping its pursuit of operator of Pizza Hut and KFC fast-food restaurants in China. Volume ballooned to 7.6 million shares, already more than double the full-day average. The investor group, which includes KKR & Co. , decided to not continue pursuing the deal after the initial proposal was rejected, the report said, citing people with knowledge of the matter. The company, which was spun off from Yum Brands Inc. in October 2016, had a market capitalization of about $14.1 billion as of Monday's stock closing price. Yum China's stock has tumbled 25% over the past three months, while Yum Brands shares have gained 5.9% and the S&P 500 has tacked on 3.5%.
Haidilao International Holding, one of China's most popular hotpot chains, is seeking to raise up to $963 million (739.24 million pounds) in its Hong Kong initial public offering to fund its international expansion into markets including the UK and Canada. Zhou Zhaocheng, Haidilao's chief strategy officer, told a press conference in Hong Kong on Tuesday that the company plans to open roughly 200 new restaurants in 2018, between 15 and 20 of which would be outside China. Haidilao already operates in Japan, South Korea, the United States, and Singapore, but Zhou said that it was also planning to tap new markets, in particular the UK, Australia, Canada and Malaysia.
A Chinese consortium including Hillhouse Capital is planning to drop its pursuit to take over the operator of KFC and Pizza Hut restaurants in China, Bloomberg reported. The interest in Yum China Holdings Inc. fell away after the group’s initial bid was rejected and the would-be investors deemed that business conditions for the fast-food chain and China’s macroeconomic picture have worsened, according to people with knowledge of the matter. Chinese consumer spending is softening.
SHANGHAI , Sept. 5, 2018 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or " Yum China ") (NYSE: YUMC) today announced that Joey Wat , CEO of Yum China , will present at the ...
If you are currently a shareholder in Yum China Holdings Inc (NYSE:YUMC), or considering investing in the stock, you need to examine how the business generates cash, and how itRead More...
China’s once voracious appetite for American fast food is waning as consumers are lured away by emerging domestic chains and food-delivery apps. Inc. spun off its China business, sales growth is slowing at its KFC and Pizza Hut outlets in China, as homegrown rivals target young people and an army of motorcycle couriers make available greater takeout choices.