4 Highlights From Yum China's 2017 Investor Day
It's been one year since Yum China (NYSE: YUMC) was spun off from parent Yum! Brands (NYSE: YUM), and the exclusive licensee of KFC and Pizza Hut restaurants in mainland China is up over 50% since then. During the 2017 Investor Day in October, Joey Wat -- who will take over as CEO in March 2018 -- outlined the path forward for China's largest restaurant chain in the years ahead.
Yum China has over 7,700 KFC and Pizza Hut restaurants in China, as well as a handful of local brands and one Taco Bell. That makes the company the biggest chain in the country and one of the largest in the world, but it pales in comparison to the more than 15,000 Yum! Brands restaurants in the U.S. alone.
Image source: Yum China 2017 Investor Day Presentation.
Source: Fool.com
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