US98850P1093 - Common Stock
YUM CHINA HOLDINGS INC
NYSE:YUMC (11/4/2024, 8:04:00 PM)
After market: 48.5 +0.2 (+0.41%)48.3
+3.23 (+7.17%)
Yum China Holdings, Inc. engages in the business of franchising and owning entities that own and operate restaurants. The company is headquartered in Shanghai, Shanghai and currently employs 155,000 full-time employees. The company went IPO on 2016-10-17. The firm operates its business through three segments. The Kentucky Fried Chicken (KFC) segment operates quick-service restaurant (QSR), mainly providing original recipe chicken and other chicken products, beef burgers, pork, seafood, rice dishes, congees, fresh vegetables, desserts, coffee, tea and other products. The Pizza Hut segment operates casual dining restaurant (CDR), which mainly offering multiple dayparts, including breakfast, lunch, afternoon tea and dinner. The products include various types of pizzas, steaks, pasta, rice dishes and other entrees, appetizers, beverages and desserts. The Other segment mainly operate offline stores and e-commerce business, including Taco Bell, Lavasa, Little Sheep, Huang Ji Huang, COFFii&JOY, East Dawning and other different brands. The firm operates its businesses in the domestic market.
YUM CHINA HOLDINGS INC
Yum China Building, No. 20, Tianyaoqiao Road
Shanghai SHANGHAI 200030
P: 862124077777
CEO: Joey Wat
Employees: 274000
Website: https://www.yumchina.com/
Shares of fast-food company Yum China (NYSE:YUMC) jumped 9.1% in the morning session after the company reported strong third-quarter earnings that significantly blew past analysts' sales and EBITDA estimates. Notably, the same-store sales growth improved on strong contributions from both the KFC and Pizza Hut brands as the company continued to optimize pricing while introducing new offerings and recipes. Another important contributor to the improved momentum was the delivery business, which grew 18% year on year, representing 40% of sales during the quarter, helping the business meet the demands of solo diners.
Profits are flying higher and flowing back to shareholders.
YUMC earnings call for the period ending September 30, 2024.
Fast-food company Yum China (NYSE:YUMC) reported Q3 CY2024 results exceeding the market’s revenue expectations, with sales up 5.4% year on year to $3.07 billion. Its non-GAAP profit of $0.77 per share was also 17.7% above analysts’ consensus estimates.
/PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC and HKEX: 9987) today reported unaudited results for the third quarter...
Fast-food company Yum China (NYSE:YUMC) will be reporting earnings tomorrow morning. Here’s what you need to know.
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