Yum China Reports Third Quarter 2019 Results
Yum China Holdings, Inc. (YUMC)
Last yum china holdings, inc. earnings: 4/28 04:30 pm
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US:NYSE Investor Relations:
ir.yumchina.com
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Source: PR Newswire
SHANGHAI, Oct. 29, 2019 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC) today reported unaudited results for the third quarter ended September 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.Third Quarter HighlightsTotal revenues increased 5% year over year to $2.3 billion from $2.2 billion (8% year over year increase excluding foreign currency translation ("F/X")). Total system sales grew 8% year over year, with growth of 10% at KFC and 3% at Pizza Hut, excluding F/X. Same-store sales grew 2% year over year, with a 3% increase at KFC and a 1% increase at Pizza Hut, excluding F/X. Restaurant margin was 17.7%, compared with 17.6% in the prior year period. Operating Profit increased 11% year over year to $3
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Earnings
- 2/6/24 - Beat
YUMC
Sec Filings
- 4/11/24 - Form ARS
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- YUMC's page on the SEC website