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The Latest Breaking News from Joey Wat

Yum China’s sales keep growing, but a fierce food-delivery price war may be weighing on investor sentiment

Yum China’s HK-traded shares are down about 3% since Tuesday, even as the KFC and Pizza Hut operator posted 4% year-on-year revenue growth last quarter.

Cheap coffee and smaller pizzas help Yum China survive an uncertain consumer market

Cheap coffee and smaller pizzas help Yum China survive an uncertain consumer market

Yum China’s New York–traded shares jumped by 9.1% on Thursday, after the company reported resilient earnings and an expanded dividend.

CEOs share the big project that landed them in corner office

CEOs share the big project that landed them in corner office

CEOs spoke to Fortune about the big projects and skills that helped place them in the corner office.

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KFC noticed kids were dipping chicken wings into mashed potatoes so they launched a boneless chicken mashed potato sandwich and it was a big hit

Yum China’s CEO spends hours observing customers eat—and it’s inspired some crowd-favorite menu launches at KFC and Pizza Hut

Here's why bosses aren’t allowed to promote their direct reports at Yum China

“The boss sponsors someone to be promoted and we have a committee with very senior people, including myself, to sift through every single promotion,” Yum China CEO Joey Wat said.

Yum China’s CEO on Chinese consumers’ incredible hunger for foreign brands

Unlike the former parent company’s U.S. restaurants, Yum China (mostly) avoids franchises.

The CEO behind nearly 10,000 KFCs in China explains the country’s consumption slump: A 'psychological' consequence of COVID-zero

“We can understand why people became rather cautious and rational with their spending,” Yum China CEO Joey Wat said at the Fortune Global Forum in Abu Dhabi.

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Changing demographics gave Yum China a new target audience: pet owners

Changing demographics gave Yum China a new target audience: pet owners

“More and more young people have pets,” says Yum China CEO Joey Wat, as prosperous young Chinese delay starting families.

Yum China Launches KFC Green Pioneer Stores In Hangzhou & Beijing

Yum China Launches KFC Green Pioneer Stores In Hangzhou & Beijing

Yum China Holdings Inc (NYSE:YUMC) has launched quick-service restaurant brand KFC's first Green Pioneer Stores in Hangzhou and Beijing. The move is part of Yum China's climate strategy toward reaching net-zero value chain greenhouse gas (GHG) emissions by 2050. Green Pioneer Stores utilize advanced low-carbon technologies in construction and daily operations and reduce…

Yum China Boosts Stock Buyback Program

Yum China Boosts Stock Buyback Program

Yum China Holdings Inc (NYSE:YUMC) Board of Directors has increased the company's share repurchase authorization by $1 billion to about $2.4 billion. The increase brings the total remaining authorization to approximately $1.4 billion. The company repurchased about 24 million shares of common stock for $971 million from 2017 to March 16, 2022. "From…

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