It has been about a month since the last earnings report for Yum China Holdings (YUMC) . Shares have added about 1.4% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Yum China due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Yum China Q2 Earnings Top, Revenues Lag, ...

loveguli Yum China Holdings, Inc. (NYSE:YUMC) offers an attractive buying opportunity after good Q2 2024 results, and a significant cluster of insider buying activity in the days following the earning release. In this article, I will walk you through the different aspects of my investment thesis, and I will try to convey in the most direct way possible the different events that motivated my Strong Buy rating. Additionally, I will go through some of the headwinds in Q2 2024, especially their strategic ...

jetcityimage Summary Following my coverage of Yum China Holdings (NYSE:YUMC) in May'24, in which I recommended a buy rating as the business fundamentals continue to improve and I was optimistic about management’s strategy of opening new stores and growing same-store sales growth [SSSG], this post is to provide an update on my thoughts on the business and stock. I still give a buy rating for YUMC as it continues to demonstrate solid execution despite the weak macro environment, especially against peers. ...

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A recommendation upgrade from an analyst put the cap on an encouraging quarterly earnings report.Economic growth in China might not be what it once was, but certain imported businesses aren't doing too badly. Case in point: restaurateur Yum China Holdings (YUMC 0.80%), which recently posted quarterly earnings that cheered investors. They also inspired one analyst to upgrade her recommendation on the stock, helping to propel it to a nearly 16% week-to-date gain as of early Friday morning, according to data c ...

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 June 30, 2024 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) Delaware 81 ...

7 Aug 2024 CMB International Global Markets | Equity Research | Company Update Yum China (YUMC US) The best-in-class costs management in 2Q24 Sales growth was indeed a miss in 2Q24, but the net profit was a significant beat. For 2H24E, we are still very cautious about the demand and so as the level of competition. However, thanks to various efforts like Project Fresh Eye, Project Red Eye, rationalizing number of SKUs, more direct sourcing, and rampup of more profitable store formats (e.g. K-coffee and Pizza ...

Yum China Holdings, Inc. (YUMC) reported mixed second-quarter 2024 results, with adjusted earnings beating the Zacks Consensus Estimate while total revenues missed the same. That said, the bottom and top lines increased on a year-over-year basis.The quarter’s performance was driven by robust total system sales growth primarily attributable to net new unit contributions. The company’s focus on value-for-money and innovative new products, automation and AI accompanied by favorable pricing and lower delivery f ...

Yum posted strong margin expansion in its second-quarter report.Shares of Yum China (YUMC 11.83%) were moving higher today after the company reported better-than-expected results in its second-quarter earnings report, overcoming consumer weakness in China.As of 11:07 a.m. ET, the stock was up 13.2%. Yum China overcomes a low barThe Chinese operator of KFC and Pizza Hut said that same-store sales were down 4% in the quarter, but overall revenue increased 1% to $2.68 billion, driven by new store openings and ...

Yum China Holdings, Inc. (NYSE:YUMC) Q2 2024 Earnings Conference Call August 6, 2024 8:00 PM ET Company Participants Florence Lip - Senior Director, IR Joey Wat - CEO & Executive Director Ka Yeung - CFO Conference Call Participants Michelle Cheng - Goldman Sachs Lillian Lou - Morgan Stanley Chen Luo - Bank of America Merrill Lynch Anne Ling - Jefferies Brian Bittner - Oppenheimer Sijie Lin - CICC Xiaopo Wei - Citigroup Operator Thank you for standing by. Welcome to the Yum China Second Quarter 2024 Earning ...