Yum China Reports First Quarter Results [Yahoo! Finance]
Yum China Holdings, Inc. (YUMC)
Last yum china holdings, inc. earnings: 4/28 04:30 pm
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Source: Yahoo! Finance
Total 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 million SHANGHAI 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 Highlights Total system sales grew 6% year over year ("YoY") excluding foreign currency translation ("F/X"), primarily attributable to 8% net new unit contribution. Total 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 higher, or 7% increase YoY. Same-store sales reached 97% of the prior year's level, against strong performance in the same period
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YUMC
Earnings
- 4/29/24 - Beat
YUMC
Sec Filings
- 5/8/24 - Form 10-Q
- 5/6/24 - Form 4
- 4/29/24 - Form 8-K
- YUMC's page on the SEC website