Pizza Hut drags on Yum China results [Seeking Alpha]
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: Seeking Alpha
Pizza Hut drags on Yum China resultsYum China (NYSE:YUMC) reports comparable sales increased 3.0% inQ1 to just miss the consensus mark for a 3.3% rise.Results for the KFC brand (+5%) outperform the Pizza Hut business (-5%).Adjusted operating profit was up 0.3% to $297M.CEO update: "The strong operational and financial performance of KFC is particularly encouraging as it successfully lapped two strong first quarters in 2017 and 2016. During the quarter, while Pizza Hut had some challenges with same-store sales growth and restaurant margin, we remain committed to our revitalization plan and key focus areas to drive sales growth. We believe our focus on food innovation and customer experience, together with the execution of strategic priorities in digital and delivery, has enabled us, and will continue to enable us, to build a stronger Yum China."Shares of Yum China aredown 2.75% in AH trading.See all stocks on the move »Now read:Bulletproof Investing: Week 18 »
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YUMC
News
- Exploring Analyst Estimates for Yum China (YUMC) Q1 Earnings, Beyond Revenue and EPS [Yahoo! Finance]Yahoo! Finance
- China's Small Towns Boom as Megacities Lose Appeal With Brands [BNN Bloomberg (Canada)]BNN Bloomberg
- Yum China Holdings, Inc. (NYSE:YUMC) is favoured by institutional owners who hold 80% of the company [Yahoo! Finance]Yahoo! Finance
- Chris Blumas' Top Picks: April 18, 2024 [BNN Bloomberg (Canada)]BNN Bloomberg
- Yum China Announces Disclosure under Hong Kong Stock Exchange Rules in Relation to a Possible Quarterly DividendPR Newswire
YUMC
Earnings
- 2/6/24 - Beat
YUMC
Sec Filings
- 4/11/24 - Form ARS
- 4/11/24 - Form DEFA14A
- 4/11/24 - Form DEF
- YUMC's page on the SEC website