Yum China 2022 Q4 & FY Results: Earnings Presentation

Yum China reported fourth quarter and full-year 2022 financial results on February 8, 2023, demonstrating profitability and resilience throughout the pandemic period. The company achieved significant growth through its Restaurant Growth Model (RGM) strategy, adding 3,747 net new stores over three years while increasing digital orders from approximately 55% to 89% of company sales. Free cash flow reached approximately $1.9 billion, with over $1 billion returned to shareholders through repurchases and dividends.