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YUM CHINA (09987.HK) repurchased 0.055 million shares for 2.4 million USD on January 8.
On January 9, Gelonghui reported that YUM CHINA (09987.HK) announced that it spent 2.4 million USD to repurchase 0.055 million shares on January 8.
YUM CHINA (09987.HK) spent 2.4 million USD to repurchase 0.053 million shares on January 7.
Gelonghui, January 8丨YUM CHINA (09987.HK) announced that on January 7, it spent 2.4 million USD to repurchase 0.053 million shares.
China International Capital Corporation: Dining brands continue to face same-store pressure, and a pricing stabilization turning point can be expected.
The slowdown in low stock price promotions and the stabilization of patterns are partially emerging, focusing on the strength and scope of subsequent policies, as well as their role in stimulating demand recovery.
YUM CHINA (09987.HK) spent 2.4 million USD to buy back 0.0536 million shares on January 6.
Gelonghui January 7丨YUM CHINA (09987.HK) announced that on January 6, it spent 2.4 million USD to repurchase 0.0536 million shares.
Optimistic Outlook for Yum China Holdings: Buy Rating Justified by Strong Growth Forecast and Profitability Strengths
【Brokerage Focus】Goldman Sachs cuts YUM CHINA (09987) Target Price by 1.74%, citing a slow recovery pace during the off-peak season.
Golden Finance News | Goldman Sachs released a Research Report indicating that YUM CHINA (09987)/(YUMC) is expected to see sales, restaurant profits, and operating profit growth of 4.4%, 4.6%, and 20.4% respectively in the fourth quarter of fiscal year 2024. The firm anticipates that same-store sales growth for YUM CHINA's "KFC" and "Pizza Hut" will be -1% and -3% year-on-year, which corresponds to 84% and 83% of pre-pandemic levels, indicating a slow recovery pace during the off-season. The firm indicates that YUM CHINA is expected to maintain a steady pace, predicting a net opening of 433 stores in the fourth quarter of 2024, with a total net opening for the year of 1.
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