Why Yum China Holdings Inc. Stock Plummeted 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
Pizza Hut is weighing on Yum China's growth story. Daniel Sparks ( TMFDanielSparks ) May 2, 2018 at 1:07PM What happened Shares of Yum China ( NYSE:YUMC ) took a big hit Wednesday, falling as much as 15.5%. At the time of this writing, the stock is down about 13.3%. The stock's decline follows the company's first-quarter earnings release yesterday. The quarter included better-than-expected earnings but highlighted a challenging environment for Pizza Hut, which saw its same-store sales fall during the period. Investors may be concerned that Yum China will continue to face challenges with revitalizing Pizza Hut. So what Yum China's total revenue increased 15% year over year, from $1.9 billion in the year-ago quarter to $2.2 billion. Excluding the impact of foreign currency changes, revenue was up 6% year over year. Meanwhile, Yum China's adj
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YUMC
News
- Yum! Brands, Inc. (NYSE:YUM) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Yum China Holdings, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year [Yahoo! Finance]Yahoo! Finance
- China travel surges for May holiday but consumers remain wary [Reuters]Reuters
- Yum China Holdings, Inc. (NYSE:YUMC) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Yum! Brands (YUM) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
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