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Stock impact report

Why Yum China Holdings Inc. Stock Plunged Today [The Motley Fool]

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: The Motley Fool
The China-centric fast-food leader's strong earnings growth just wasn't strong enough. Steve Symington ( TMFSymington ) Jul 6, 2017 at 4:09PM What Shares of Yum China Holdings Inc. ( NYSE:YUMC ) were down 15.7% as of 3:15 p.m. EDT Thursday after the company announced underwhelming second-quarter 2017 results. So what Quarterly revenue climbed only slightly on a year-over-year basis to just above $1.59 billion, including 4% same-store sales growth at KFC and flat comps at Pizza Hut. To be fair, revenue would have increased 7% had it not been for the impact of foreign currency exchange, bolstered by contributions from new locations opened over the past year. On the bottom line, Yum China Holdings' net income climbed 39% to $107 million, and diluted earnings per share rose 29% to $0.27. But analysts, on average, were expecting even higher earnin Show less Read more
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