Yum China Reports Second Quarter 2019 Results
Yum China Holdings, Inc. (YUMC)
Last yum china holdings, inc. earnings: 4/28 04:30 pm
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ir.yumchina.com
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Source: PR Newswire
SHANGHAI, July 30, 2019 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC) today reported unaudited results for the second quarter ended June 30, 2019. Reported GAAP results include Special Items, which are excluded from adjusted measures. Special Items are not allocated to any segment and therefore only impact reported GAAP results of Yum China. See "Reconciliation of Reported GAAP Results to Adjusted Measures" within this release.Second Quarter HighlightsTotal revenues increased 3% year over year to $2.12 billion from $2.07 billion (10% year over year increase excluding foreign currency translation ("F/X")). Total system sales grew 10% year over year, with growth of 12% at KFC and 4% at Pizza Hut, excluding F/X. Same-store sales grew 4% year over year, with a 5% increase at KFC and a 1% increase at Pizza Hut, excluding F/X. Restaurant margin was 14.7%, as compared with 15.1% in the prior year period. Operating Profit increased 6% year over year to $
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YUMC
News
- Yum China Holdings, Inc. (NYSE: YUMC) was upgraded by analysts at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating. They now have a $60.00 price target on the stock, up previously from $35.50.MarketBeat
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YUMC
Earnings
- 11/4/24 - Beat
YUMC
Sec Filings
- 11/5/24 - Form 144
- 11/4/24 - Form 8-K
- 10/23/24 - Form SC
- YUMC's page on the SEC website