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Stock impact report

Yum China Reports First Quarter Results

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: PR Newswire
System Sales Up 6%, Diluted EPS Up 4%, or 10% Excluding F/XOperating Profit Reaches $374 million with Core Operating Profit1 Growing to $396 millionTotal Stores Have Surpassed Milestone of 15,000 with Record First Quarter Openings of 378 Net New Stores Record Quarterly Cash Return to Shareholders of $745 millionSHANGHAI, April 30, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC and HKEX: 9987) today reported unaudited results for the first quarter ended March 31, 2024. First Quarter HighlightsTotal system sales grew 6% year over year ("YoY") excluding foreign currency translation ("F/X"), primarily attributable to 8% net new unit contribution.2Total store count reached 15,022 as of March 31, 2024, including 10,603 KFC stores and 3,425 Pizza Hut stores. The Company opened 378 net new stores in the quarter, a record for the first quarter.Total revenues increased 1% YoY to $2.96 billion. Excluding F/X, total revenues would have been $154 million h Show less Read more
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