YUMC
NYSE · Hotels, Restaurants & Leisure
Yum China Holdings Inc
$40.85
-0.73 (-1.76%)
YUMC News6 articles
Pizza Hut's NFL Rebrand Coincides with Yum's $2.3B Divestiture
Yum Brands' Pizza Hut rebrand to 'Hut' for NFL season comes as the company finalizes its $2.7B sale, expecting $2.3B net proceeds and a $4B buyback.
Mondelez Gains as Oreo Buzz in China Spotlights Volume Growth
Mondelez (MDLZ) shares ticked up 0.4% after Oreo trended in the U.S. following China product reports; the region's volume growth drove 65% of Q2 organic growth.
Oregon Pizza Franchisee Files for Chapter 11 Amid Rising Debt
Rogue Fare LLC, running five Mountain Mike's Pizza shops in Oregon, filed for Chapter 11 bankruptcy on July 1, listing liabilities between $1M and $10M.
Yum Brands Sells Pizza Hut in $2.7B Deal to Streamline Portfolio
Yum Brands is selling Pizza Hut in a $2.7 billion split deal to LongRange Capital and Yum China, as U.S. same-store sales decline for the tenth consecutive quarter.
Yum Brands Divests Pizza Hut in $2.7B Deal
Yum Brands sells Pizza Hut for $2.7 billion in two deals, expects $2.3 billion in net proceeds, and authorizes $4 billion in stock buybacks.
Yum Brands Tumbles 15% as Taco Bell Faces Post-Recall Demand Test
Yum Brands stock is down 15% from July peak after a lettuce recall hit Taco Bell. Q2 sales grew 7%, but traffic fell sharply mid-July. Analysts see 20% upside.