Why Yum China Holdings Inc. Stock Jumped Wednesday [The Motley Fool]
Yum China Holdings, Inc. (YUMC)
Last yum china holdings, inc. earnings: 4/28 04:30 pm
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Source: The Motley Fool
The franchise restaurant operator posted strong earnings as its KFC outlets performed better than expected. Daniel Sparks ( TMFDanielSparks ) Oct 31, 2018 at 1:50PM What happened Shares of franchise restaurant operator Yum China ( NYSE:YUMC ) , which owns and runs KFC and Pizza Hut in China, soared on Wednesday, rising as much as 16.3%. As of 12:25 p.m. EDT, the stock was up 14.4%. Yum China's gain is likely driven by the company's stronger-than-expected earnings per share, its surprise increase in KFC's same-store sales, and a boost to the company's dividend and its share buyback authorization. Image source: Getty Images. So what Yum China reported revenue of $2.21 billion, up from $2.13 billion in the year-ago quarter. On average, analysts were expecting revenue of $2.23 billion. EPS increased 16% year over year to $0.51. This beat a
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YUMC
News
- China's Small Towns Boom as Megacities Lose Appeal With Brands [BNN Bloomberg (Canada)]BNN Bloomberg
- Yum China Holdings, Inc. (NYSE:YUMC) is favoured by institutional owners who hold 80% of the company [Yahoo! Finance]Yahoo! Finance
- Chris Blumas' Top Picks: April 18, 2024 [BNN Bloomberg (Canada)]BNN Bloomberg
- Yum China Announces Disclosure under Hong Kong Stock Exchange Rules in Relation to a Possible Quarterly DividendPR Newswire
- Q4 Earnings Roundup: Wendy's (NASDAQ:WEN) And The Rest Of The Traditional Fast Food Segment [Yahoo! Finance]Yahoo! Finance
YUMC
Earnings
- 2/6/24 - Beat
YUMC
Sec Filings
- 4/11/24 - Form ARS
- 4/11/24 - Form DEFA14A
- 4/11/24 - Form DEF
- YUMC's page on the SEC website