Yum China Aims For 20,000 Stores By 2026, Targets Double-Digit EPS CAGR And $3B Shareholder Return From 2024 To 2026
Portfolio Pulse from Benzinga Newsdesk
Yum China (YUMC) has announced plans to expand its store count to 20,000 by 2026, aiming for a double-digit compound annual growth rate (CAGR) in earnings per share (EPS). The company also targets to return $3 billion to shareholders from 2024 to 2026.
September 14, 2023 | 6:30 am
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POSITIVE IMPACT
Yum China's aggressive expansion and shareholder return plans could potentially boost its stock price in the short term.
Yum China's announcement of its expansion plans and shareholder return strategy indicates a positive outlook for the company. This could attract more investors, potentially driving up the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100