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0 0 0 0.000108754758020719 -0.00228167482327353 -0.00141381185426857 -0.00228384991843386 -0.00119630233822729
Stock impact report

Yum China (YUMC) Stock Trades Up, Here Is Why [Yahoo! Finance]

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: Yahoo! Finance
momentum continued as the company reported solid third-quarter financial results that showed growth in key areas. The restaurant operator in China disclosed a year-over-year revenue increase between 3.5% and 4.4%, reaching $3.21 billion. Operating profit also saw a healthy jump of about 8% to $400 million, a sign of efficient business management. This performance was supported by a 1% growth in same-store sales, driven by value-focused pricing at its KFC and Pizza Hut locations. Furthermore, the company showed strong expansion by adding 536 new stores, bringing its total to approximately 17,500. While net income experienced a slight decline to $282 million from the previous year's $297 million, investors reacted positively to the overall robust growth in revenue and operations. After the initial pop the shares cooled down to $45.89, up 2.5% from previous close. Is now the time to buy Yum China? Access our full analysis report here What Is The Market Telling Us Yum China's shar Show less Read more
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