Key Takeaways:
Yum China repurchased 17.9 million of its shares this year through April 23, well ahead of the 12.4 million shares it bought back in all of 2023 and 10.6 million in 2022
Key Takeaways:
Yum China’s revenue grew 21% in both the fourth quarter and for all of 2023, as it opened a record of nearly 1,700 new stores last year
The master franchisee for KFC and Pizza Hut restaurants in China had 14,644 stores at the end of last year, and reiterated its plan to raise that to 20,000 by 2026
Despite facing a 17% decline in July, McDonald's showcased its resilience by rebounding with a 19% gain.
The focus is now on McDonald's Q4 earnings report due on January 30th, with analysts predicting earnings of $2.56.
McDonald's stock has shown impressive growth, rising 12% in 2023 and achieving a substantial 204% increase over the past decade.
Back in the 1970s, teenagers were vying for a chance to earn $1.85 an hour and indulge in endless servings of french fries at McDonald's (NYSE: MCD). One such teenager was Paul Hendel, who embarked on his journey at a McDonald's outlet in Merrick, New York, at the age
Gerbang Alaf Restaurants Sdn Bhd (GAR), which is the licensee of McDonald's Corporation (NYSE: MCD) in Malaysia, has reportedly initiated a legal action against the Boycott, Divestment and Sanctions (BDS) Malaysia movement.