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Stock impact report

Yum China Posts Q2 EPS Of $0.46 [Reuters]

Yum China Holdings, Inc. (YUMC) 
Last yum china holdings, inc. earnings: 4/28 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.yumchina.com
Company Research Source: Reuters
Yum China Holdings Inc (YUMC.N) Key Developments | Reuters.com July 30 (Reuters) - Yum China Holdings Inc ::YUM CHINA REPORTS SECOND QUARTER 2019 RESULTS.Q2 EARNINGS PER SHARE $0.46.Q2 REVENUE $2.12 BILLION VERSUS REFINITIV IBES ESTIMATE OF $2.16 BILLION.Q2 EARNINGS PER SHARE ESTIMATE $0.39 -- REFINITIV IBES DATA.QTRLY TOTAL SYSTEM SALES GREW 10% AND SAME-STORE SALES GREW 4% IN CONSTANT CURRENCY.YUM CHINA HOLDINGS - QTRLY SAME-STORE SALES GREW 4% YOY, WITH A 5% INCREASE AT KFC AND A 1% INCREASE AT PIZZA HUT, EXCLUDING F/X.QTRLY RESTAURANT MARGIN WAS 14.7%, AS COMPARED WITH 15.1% IN PRIOR YEAR PERIOD."LOOKING FORWARD, WE EXPECT OVERALL SALES GROWTH TO MODERATE AS KFC BEGINS TO LAP SEVERAL KEY SALES DRIVERS".TARGETS BETWEEN 800 AND 850 GROSS NEW UNITS IN 2019.NOW EXPECT FULL YEAR 2019 GROSS NEW STORE OPENINGS TO BE BETWEEN 800 AND 850 UNITS.SEES 2019 CAPITAL EXPENDITURES BETWEEN $475 MILLION AND $525 MILLION..YUM CHINA HOLDINGS - AS OF JUNE 30, KFC LOYALTY PROGRAM HAD OVER 185 MILLION M Show less Read more
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