Making a noteworthy insider sell on March 6, Joey Wat, Chief Executive Officer at Yum China Holdings (NYSE:YUMC), is reported in the latest SEC filing.
What Happened: Wat’s decision to sell 80,197 shares of Yum China Holdings was revealed in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday. The total value of the sale is $3,981,738.
As of Thursday morning, Yum China Holdings shares are down by 0.28%, currently priced at $50.05.
Delving into Yum China Holdings’s Background
With more than 16,000 units and almost USD 12 billion in systemwide sales in 2024, Yum China is the largest restaurant operator in China. It generates revenue through its own restaurants and franchise fees. Key concepts include KFC (11,648 units) and Pizza Hut (3,724), but the company’s portfolio also includes other brands such as Little Sheep, Taco Bell, Huang Ji Huang, and Lavazza (collectively representing more than 1,000 units). Yum China is a trademark licensee of Yum Brands, paying 3% of total systemwide sales to the company it separated from in October 2016.
Unraveling the Financial Story of Yum China Holdings
Revenue Growth: Yum China Holdings’s remarkable performance in 3 months is evident. As of 31 December, 2024, the company achieved an impressive revenue growth rate of 4.09%. This signifies a …
