Yum China (YUMC) Increases Prices for the First Time in Two Years

Dec 24, 2024

Yum China (YUMC, Financial) saw its stock rise over 2%, reaching $49.67. The company, which operates KFC in China, announced a price increase for the first time in two years in the mainland market. The average price hike is around 2%, with product prices rising by 0.5 to 2 yuan. However, promotional offers such as "Crazy Thursday" deals and children's meals will remain at their current prices.

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