Yum China raises 2023 new store target to 1,400-1,600

The ompany’s fiscal year 2023 targets were updated at Investor Day on September 14, 2023: To open approximately 1,400 to 1,600 net new stores, an increase of 300 stores from the previous target. To make capital expenditures in the range of approximately $700M-$900M, unchanged from the previous target