pakistan
KFC China grows on delivery boom but faces tighter margins
Key takeaways
- An explosion of food deliveries is reshaping KFC China, the country’s largest restaurant brand, boosting sales but squeezing margins.
- Delivery sales at the brand grew 33% year-on-year and contributed roughly 55% of total sales, up from 43% last year, parent company Yum China reported Wednesday.
- “We believe it’s a long-term trend,” chief financial officer Adrian Ding told investors on the earnings call.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google. An explosion of food deliveries is reshaping KFC China, the country’s largest restaurant brand, boosting sales but squeezing margins.
Delivery sales at the brand grew 33% year-on-year and contributed roughly 55% of total sales, up from 43% last year, parent company Yum China reported Wednesday.
“We believe it’s a long-term trend,” chief financial officer Adrian Ding told investors on the earnings call.
Article preview — originally published by ARY News. Full story at the source.
Read full story on ARY News →
More top stories
Also covered by
Aggregated and edited by the Scoop newsroom. We surface news from ARY News alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop