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Northeast Securities: Expecting consumer recovery to bring Yum China (09987) performance catalyst, maintaining a “buy” rating.
Northeast Securities predicts that Yum China (09987) will have a net income attributable to shareholders of 870/990/1,150 million US dollars from 2024 to 2026.
Yum China (09987.HK) spent HKD 4.6855 million on repurchasing 19,700 shares on July 2nd.
Yum China (09987.HK) announced on July 3 that it spent $2.4 million on July 2 to repurchase 78,700 shares at a repurchase price of $30.34-30.93 per share on the NYSE. On the same day, the company spent HKD 4.6855 million to repurchase 19,700 shares at a repurchase price of HKD 236.6-239.4 per share.
US stocks anomaly | Yum China rebounded nearly 2% before trading, and the speed of opening stores for Luckin Coffee accelerated.
On July 3rd, GuoLianHui | Yum China (pre-market trading, YUMC.US) rose 1.84% to $30.99, after previously hitting a new low with a cumulative decline of nearly 15% in the past month. The company recently announced that its coffee brand, Luckin Coffee, under KFC, announced the official opening of its stores located in Hangzhou East Station and Hangzhou Xiaoshan International Airport, bringing the total number of stores to 200. With its innovative 'shoulder-to-shoulder' model, Luckin Coffee has substantially accelerated its store opening this year, achieving a 'Luckin speed' of opening almost one store per day.
The Three-year Shareholder Returns and Company Earnings Persist Lower as Yum China Holdings (NYSE:YUMC) Stock Falls a Further 5.0% in Past Week
If you love investing in stocks you're bound to buy some losers. But long term Yum China Holdings, Inc. (NYSE:YUMC) shareholders have had a particularly rough ride in the last three year. Regrettabl
Yum China (09987) spent approximately US$2.4 million to repurchase 77,640 shares on July 1.
Yum China (09987) announced that it will repurchase 77,640 shares at a cost of approximately $2.4 million on July 1, 2024.
Yum China's subsidiary, KFC's coffee stores, have a total of 200 stores.
Yum China (09987.HK) (YUMC.US) announced that its coffee brand, KCOFFEE, under the KFC umbrella, has officially opened stores at important transportation hubs, Hangzhou East Station and Hangzhou Xiaoshan International Airport, bringing the total number of stores to 200. KCOFFEE adopts the "shoulder-to-shoulder" mode with KFC stores (i.e., KCOFFEE stores are adjacent to KFC stores), which can significantly reduce the investment and operating costs of KCOFFEE stores. In addition, relying on the advantage of KFC's stores in more than 2,000 towns and cities across the mainland, KCOFFEE can rapidly expand to different cities and also enter places such as airports and tourist attractions.