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00:03Yum China Holdings shares rose on Wednesday after the company reported fourth quarter
00:07adjusted earnings of 40 cents per share on revenue of $2.823 billion,
00:12beating analyst estimates, according to Benzinga.
00:15Sales rose 9% year over year as KFC and Pizza Hut benefited from higher delivery demand,
00:20same-store sales growth, and store expansion. Yum China said KFC expanded consumption through
00:25KCOFFEE and KPRO formats, while Pizza Hut rolled out its WOW model to reach new locations,
00:33particularly in lower-tier cities. The company opened 587 net new stores and ended the quarter
00:38with $506 million in cash. For 2026, the company expects to exceed 20,000 stores with more than
00:451,900 net new openings, 40% to 50% franchised. Yum China is guiding for $600 million to $700
00:53million in CapEx and $1.5 billion in capital returns. For all things money, visit Benzinga.com.
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