SHANGHAI, Oct. 17, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") today announced that it will report its unaudited financial results for the third quarter ending September 30, 2024, before the U.S. market opens on Monday, November 4, 2024 (after the trading hours of the Hong Kong Stock Exchange on Monday, November 4, 2024).Yum China's management will hold an earnings conference call at 7:00a.m. U.S. Eastern Time on Monday, November 4, 2024 (8:00 p.m. ...

Yum China Holdings Inc. YUMC has experienced a volatile year. Although its stock is up 4% year-to-date, it has fallen nearly 17% over the past year.Despite a 27.8% rally in the past month, the current trend remains moderately bearish. The stock is facing selling pressure, which suggests continued downside risk.Yum China Stock Paints Mixed SignalsThe technical indicators are sending mixed messages for Yum China stock. Chart created using Benzinga ProOn the one hand, the stock price of $44.31 is below its eig ...

Core Insights - Yum China celebrates the success of Jannik Sinner, its global ambassador, at the Rolex Shanghai Masters, highlighting its partnership with Lavazza [1] - The joint venture with Lavazza has successfully opened over 100 stores in China since its inception in early 2020, enhancing the premium coffee experience for Chinese consumers [1] - Yum China also showcased its Pizza Hut brand during the Rolex Shanghai Masters, providing signature dishes to enhance the fan experience [2] Company Overview - Yum China is the largest restaurant company in China, operating over 15,000 restaurants across more than 2,100 cities, employing approximately 400,000 people [6] - The company operates six brands, including KFC, Pizza Hut, and Lavazza, and specializes in various cuisines, including Chinese and Mexican [6] - Yum China aims to be the world's most innovative pioneer in the restaurant industry, supported by a strong digital supply chain and loyalty program [6]

Core Viewpoint - Yum China Holdings experienced a significant stock price increase of 33.2% in September, reflecting a broader trend of rising stock prices among companies operating in China, driven by a cut in interest rates aimed at stimulating economic growth [1][2]. Company Performance - Yum China's same-store sales declined by 3% year over year in the first half of 2024, but overall sales increased due to a rapid expansion of new restaurant openings [3][4]. - The company's second-quarter operating profit reached $266 million, marking the highest profit since its spin-off from Yum! Brands in 2016 [3]. Growth Prospects - Yum China plans to open between 1,500 and 1,700 new locations in 2024, indicating a strong growth trajectory [5]. - The company's operating margin is approximately 10%, which is considered robust for the restaurant industry [5]. Shareholder Returns - Management is returning $1.5 billion to shareholders this year through dividends and share buybacks, which is a substantial amount for a company of its size [5]. Valuation - Yum China stock is currently trading at about 24 times earnings, which is viewed as fairly valued, suggesting potential for long-term growth if the company continues to expand and generate profits [5].

Shares of Yum China Holdings Inc (YUMC, Financial) surged 4.22% in mid-day trading on Oct 2. The stock reached an intraday high of $49.80, before settling at $49.35, up from its previous close of $47.35. This places YUMC 12.11% below its 52-week high of $56.15 and 73.16% above its 52-week low of $28.50. Trading volume was 3,841,506 shares, 110.5% of the average daily volume of 3,477,076.Wall Street Analysts ForecastBased on the one-year price targets offered by 22 analysts, the average target price for Yum ...

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Investment Rating - The investment rating for the company is "Outperform" [1][3][18]. Core Views - The company is expected to benefit from frequent consumer promotion policies, and the recent share buybacks reflect management's confidence in the business [3][18]. - The company has shown resilience in same-store sales and expansion pace, with a positive adjusted net profit growth of 7% year-on-year in Q2 2024 [3][5][18]. - The company aims to achieve a revenue of $117.79 billion, $128.98 billion, and $140.98 billion for 2024, 2025, and 2026 respectively, with adjusted net profits of $8.80 billion, $9.58 billion, and $10.46 billion [3][18][22]. Financial Performance Summary - In H1 2024, the company reported revenues of $5.64 billion, a year-on-year increase of 1%, and an adjusted net profit of $499 million, up 2% [3][5]. - In Q2 2024, the company achieved revenues of $2.68 billion, also a 1% increase year-on-year, with an adjusted net profit of $212 million, reflecting a 7% increase [3][5][18]. - The company added a net of 401 new stores in Q2 2024, achieving 49% of its annual target of 1,500 to 1,700 new stores [3][5][18]. Operational Strategy - The company has implemented a cost control strategy that has positively impacted profit margins, with KFC and Pizza Hut restaurant profit margins at 16.2% and 13.2% respectively in Q2 2024 [3][5][10]. - The introduction of entry-level products and a focus on value-for-money has attracted more customers, with same-store transaction volumes increasing [11][12][18]. - The company is actively expanding into lower-tier cities, with 59% of new KFC stores and 57% of new Pizza Hut stores located in these areas [11][15][18]. Future Outlook - The company is expected to continue its positive operational trend in the second half of 2024, supported by recent consumer promotion policies [3][18]. - The projected earnings per share (EPS) for 2024-2026 are $2.30, $2.51, and $2.74, with corresponding price-to-earnings (PE) ratios of 20.1, 18.5, and 17.0 [3][18][22]. - The target price for the stock is set between HKD 411.5 and HKD 447.3, indicating a potential upside of 14% to 23.9% from the latest closing price [3][18][19].

Yum China Holdings (YUMC) shares rallied 7.2% in the last trading session to close at $38.97. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 8.3% gain over the past four weeks.Shares of Yum China appreciated after China announced significant stimulus measures, its biggest since the pandemic.This restaurant operator in China is expected to post quarterly earnings of $0.67 per share in its upcoming report, whi ...

Investors with an interest in Retail - Restaurants stocks have likely encountered both Yum China Holdings (YUMC) and Dutch Bros (BROS) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores wo ...

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