Common Stock, par value $0.01 per share
- Symbol
- YUMC
- Exchange
- NYSE
- Classification
- COMMON
- Status
- Current
Current Report · Items 7.01, 9.01 · 8-K
YUMCNYSEEQUITYCurrent
Item 7.01. Regulation FD Disclosure. On June 16, 2026, the Company issued a press release announcing that it had entered into the Purchase Agreement described above. The press release is furnished herewith as Exhibit 99.1 to this Current Report on Form 8-K.…
Yum China is the largest restaurant company in China with a mission to make every life taste beautiful. The Company operates over 19,000 restaurants under six brands across over 2,700 cities in China. KFC and Pizza Hut are the leading brands in the quick-service and casual dining restaurant spaces in China, respectively. The Pizza Hut brand in Mainland China is now owned by Yum China. In addition, Yum China has partnered with Lavazza to develop the Lavazza coffee concept in China. Little Sheep and Huang Ji Huang specialize in Chinese cuisine. Taco Bell offers innovative Mexican-inspired food. Yum China has a world-class, digitalized supply chain, which includes an extensive network of logistics centers nationwide and an in-house supply chain management system. Its strong digital capabilities and loyalty program enable the Company to reach customers faster and serve them better. Yum China is a Fortune 500 company with the vision to be the world’s most innovative pioneer in the restaurant industry. For more information, please visit https://ir.yumchina.com/.
Yum China Holdings, Inc. · 8-K · Filed 2026-06-16
EX-99.1 2 yumc-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Yum China to Acquire Ownership of the Pizza Hut Brand in Mainland China Shanghai, China (June 16, 2026) - Yum China Holdings, Inc. (the “Company” or “Yum China”) (NYSE: YUMC and HKEX: 9987) today announced that it has entered into a definitive agreement with Yum! Brands, Inc. (“Yum! Brands”) (NYSE: YUM) to acquire ownership of the Pizza Hut brand in Mainland China at a cash consideration of $1.2 billion. Upon closing, Pizza Hut China will no longer be subject to the license fees previously payable to Yum! Brands. Pizza Hut is the largest casual dining restaurant brand in China1 and continues to capture significant growth opportunities in the market. In 2025, Pizza Hut reported segment revenue of $2.3 billion and segment operating profit of $183 million, and in the first quarter of 2026, it delivered its 13th consecutive quarter of same-store transaction growth and its eighth consecutive quarter of restaurant margin and operating profit expansion. With 4,375 restaurants across more than 1,100 cities2, Yum China is targeting the expansion of Pizza Hut’s footprint to over 6,000 stores by 2028 and the doubling of its operat…
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