Yum China Holdings, Inc. (YUMC) reported impressive fourth-quarter 2023 results, with earnings and revenues beating the Zacks Consensus Estimate. The top and the bottom line increased on a year-over-year basis.YUMC achieved record-breaking revenues and profits and returned substantial value to shareholders through cash dividends and share repurchases. During the year, the company returned $833 million to shareholders, up 25% year over year.The company leverages its distinct strengths, which include brands d ...

On February 6, Yum China Holdings (YUMC) delighted investors with fourth-quarter adjusted earnings that exceeded expectations. The company reported earnings of 25 cents per share, surpassing the analyst consensus estimate of 16 cents. Additionally, Yum China’s quarterly sales of $2.49 billion exceeded the projected $2.41 billion, demonstrating robust financial performance. Dividend increase and share repurchase programCopy link to sectionEncouraged by their exceptional performance, Yum China announced a div ...

Yum China Holdings (YUMC) reported $2.49 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 19.4%. EPS of $0.25 for the same period compares to $0.13 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.37 billion, representing a surprise of +5.23%. The company delivered an EPS surprise of +92.31%, with the consensus EPS estimate being $0.13.While investors closely watch year-over-year changes in headline numbers -- revenue and earning ...

Fourth Quarter System Sales Up 21%, Operating Profit Up 170% and Core Operating Profit Grew 324% (1)Full Year System Sales Up 21%, Operating Profit Up 76% to $1.1 Billion and Core Operating Profit Grew 79%Record 2023 Results - Total Revenues of $11 Billion, Adjusted Operating Profit of $1.1 Billion and 1,697 Net New Stores Opened 14,644 Stores in Over 2,000 Cities SHANGHAI, Feb. 6, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC and HKEX: 9987) today reported unaudit ...

Yum China Holdings, Inc. (YUMC) is scheduled to report fourth-quarter 2023 results on Feb 6, after market close. In the last reported quarter, the company’s earnings and revenues missed the Zacks Consensus Estimate by 10.6% and 3.6%, respectively.How are Estimates Placed?The Zacks Consensus Estimate for fourth-quarter earnings per share is pegged at 13 cents, flat year over year. In the past 30 days, earnings estimates have witnessed an upward revision of 8.3%. For revenues, the consensus mark is pegged at ...

SHANGHAI, Jan. 25, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") today announced, in compliance with the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "HKEX") which require advance notice of board meetings at which a dividend is expected to be declared, that its board of directors (the "Board") will consider the declaration and payment of a quarterly dividend (the "Dividend"). If the Board decides to procee ...

Core Insights - Yum China Holdings, Inc. has been recognized as a Top Employer China for the sixth consecutive year, ranking fourth overall among more than 150 companies and first in the restaurant industry, reflecting its commitment to employee welfare and development [1][2] Group 1: Employee Commitment and Recognition - The recognition as a Top Employer highlights Yum China's performance in People Strategy, Digital HR, Working Environment, and Career Development, showcasing its "People First" philosophy [1] - CEO Joey Wat emphasized the importance of the "Fair, Care, and Pride" principle in fostering a vibrant and inclusive culture that supports employee growth [1] - The company has over 400,000 employees, with female representation exceeding 50% of the total workforce by the end of 2023, demonstrating its commitment to diversity and inclusion [1] Group 2: Talent Development and Training - Yum China offers a suite of learning and development programs, including structured career advancement opportunities and specialized training for various roles [2] - The "Yum China Bytes & Bites Program" was launched in 2023 to provide working opportunities for approximately 80 students from leading Chinese universities, integrating technology with practical experience [2] - The "Angel Restaurants" initiative supports employees with special needs, with KFC China operating 46 such restaurants employing over 200 individuals by June 2023 [2] Group 3: Technological Innovation - The company is a pioneer in digital transformation, utilizing AI for demand forecasting, inventory management, crew scheduling, and production, which enhances operational efficiency and promotes sustainable growth [3] Group 4: Company Overview - Yum China is the largest restaurant company in China, operating over 14,000 restaurants across 1,900 cities under six brands, including KFC and Pizza Hut [5] - The company has a strong digitalized supply chain and logistics network, enabling it to serve customers effectively and efficiently [5] - As a Fortune 500 company, Yum China aims to be the world's most innovative pioneer in the restaurant industry [5]

Yum China Holdings, Inc. (YUMC) is likely to benefit from menu innovation efforts, marketing campaigns and digital initiatives. Also, the focus on unit expansion efforts bodes well. However, uncertain macroeconomic conditions and wage inflation are a concern.Let us discuss the factors highlighting why investors should retain the stock for now.CatalystsYUM China's strategy for capturing sales growth revolves around providing good food and exceptional value. Noteworthy food innovations, such as the Juicy Whol ...

SHANGHAI, Dec. 21, 2023 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China", NYSE: YUMC and HKEX: 9987) today announced that the Company has been ranked number one globally for the Restaurant & Leisure Facilities Industry in the S&P Global 2023 Corporate Sustainability Assessment (CSA). For the fourth consecutive year, Yum China has been selected as a member of both the Dow Jones Sustainability Indices (DJSI): World Index (DJSI World) and Emerging Market Index (DJSI Emerging Markets). It ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to _________________ Commission file number 001-37762 Yum China Holdings, Inc. (Exact Name of Registrant as Specified in Its Charter) Delawa ...