CEO Joey Wat says company is expected to operate 1,700 KCoffee cafes across the country by the end of 2025
The company was expected to operate 1,700 KCoffee cafes across the country by the end of 2025, up from the previous target of 1,500 outlets, according to CEO Joey Wat.
“KCoffee Cafes have been effective in driving incremental traffic, sales and profit,” she said at a briefing on Tuesday evening, according to a copy of the minutes seen by the Post. “Average cups sold at the cafes continued to increase in the quarter, bolstered by our menu innovations and growth in delivery.”
Yum China would need to open 1,000 cafes in 2025 to meet its goal; it managed 700 outlets as of December 2024.
By June, the company ran 1,300 KCoffee cafes after opening 300 new outlets in the second quarter of this year. The KCoffee business uses KFC store space to serve customers coffee.
