Walter Woo's questions to Yum China Holdings Inc (YUMC) leadership • Q3 2024
Question
Walter Woo of CMBI asked about the Pizza Hut WOW model's performance, including sales, margins, and growth potential. He also shared a personal experience with product unavailability and inquired about a new format called 'Kapooin'.
Answer
CEO Joey Wat explained that Pizza Hut WOW, being only five months old, is an 'innovation first, operational efficiency later' project. It shows exciting dine-in sales growth, while operational aspects like product availability are being refined. Regarding 'Kapooin,' she confirmed it is a small pilot targeting health-conscious consumers, leveraging a side-by-side model with KFC, but it remains in the early stages of testing.