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Stock impact report

KFC China celebrates 1000th store in Guangzhou market Area [Yahoo! Finance]

Yum China Holdings, Inc. (YUMC) 
Last yum china holdings, inc. earnings: 4/28 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.yumchina.com
Company Research Source: Yahoo! Finance
milestone for KFC in its Guangzhou market area [1] , opening its 1,000th KFC store in the area. In conjunction with this milestone, a new side-by-side KCOFFEE cafe was also unveiled, the 100th in Guangdong province, highlighting the growing popularity of this innovative business model. Yum China has expanded this model to over 500 locations nationwide and is on track to open 600 by year-end. KFC became the first Western quick-service restaurant brand to enter the China market in 1987 with its first store in Beijing's Qianmen neighborhood. The first KFC store in Guangzhou opened in the city's Yuexiu District in 1993. Incorporating not only good food but also Chinese cultural elements helped the brand to win the hearts of Chinese consumers, making KFC a household name across China. Over the past three decades, KFC has expanded to every province and region across the country with over 11,000 stores nationwide. Over the years, Guangdong has served as an important testing ground for Show less Read more
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