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YUM CHINA(YUMC) - 2024 Q2 - Quarterly Results
2024-08-05 20:40
Exhibit 99.1 Yum China Reports Second Quarter Results Record Second Quarter Revenue Led by Same-store Transaction Growth and New Unit Growth Improved OP Margin and Achieved Record Second Quarter Operating Profit Operating Profit Grew 4%, Core Operating Profit 1 Grew 12%, Diluted EPS Grew 17% Record First Half Openings of 779 Net New Stores and Cash Returns to Shareholders of Nearly $1 Billion Shanghai, China (August 5, 2024) – Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC and HKEX: 998 ...
Curious about Yum China (YUMC) Q2 Performance? Explore Wall Street Estimates for Key Metrics
ZACKS· 2024-07-31 14:20
The upcoming report from Yum China Holdings (YUMC) is expected to reveal quarterly earnings of $0.47 per share, indicating no change from the year-ago quarter compared to the year-ago period. Analysts forecast revenues of $2.77 billion, representing an increase of 4.4% year over year.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this ...
Yum China Announces Disclosure under Hong Kong Stock Exchange Rules in Relation to a Possible Quarterly Dividend
Prnewswire· 2024-07-24 12:51
SHANGHAI, July 24, 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 ...
Yum China Holdings (YUMC) to Report Q2 Results: What You Should Expect
ZACKS· 2024-07-22 15:06
The market expects Yum China Holdings (YUMC) to deliver flat earnings compared to the year-ago quarter on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, ...
Yum China to Report Second Quarter 2024 Financial Results
Prnewswire· 2024-07-22 00:00
SHANGHAI, July 21, 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 second quarter ending June 30, 2024, after the U.S. market closes on Monday, August 5, 2024, U.S. Eastern Time (Tuesday, August 6, 2024, Beijing/Hong Kong Time).Yum China's management will hold an earnings conference call at 8:00 p.m. U.S. Eastern Time on Monday, August 5, 2024 (8:00 a.m. Beijing/Hong Kong Time ...
Yum China: Widening Its Economic Moat And Seizing Growth Opportunities In An Evolving Market
Seeking Alpha· 2024-07-10 07:44
Editor's note: Seeking Alpha is proud to welcome Three Mile Research as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. Click here to find out more » loveguli Investment Thesis We assign Yum China (NYSE:YUMC) a buy rating. The recent stock price decline presents an attractive entry point for this industry leader. Despite current challenges, Yum Chin ...
Yum China's (YUMC) K-COFFEE Opens its 200th Store in China
ZACKS· 2024-07-02 17:30
Yum China Holdings, Inc. (YUMC) announced the opening of the 200th store of KFC’s coffee brand, K-COFFEE, in China. The milestone number was achieved upon recent two store openings in Hangzhou East Railway Station and Hangzhou International Airport.The K-COFFEE’s side-by-side store model houses shared kitchen facilities with KFC stores, which help reduce investment and operating costs while providing exceptional value to its customers. Currently, K-COFFEE side-by-side stores are spread out across more than ...
KCOFFEE Celebrates the Opening of its 200th Store in China
Prnewswire· 2024-07-01 09:00
SHANGHAI, July 1, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") is pleased to announce that KCOFFEE has opened its 200th store in China[1], following two new store openings yesterday in Hangzhou East Railway Station and Hangzhou International Airport. KCOFFEE Store in Hangzhou East Railway Station KCOFFEE Store in Hangzhou International Airport KCOFFEE's side-by-side store model, which consists of distinct KCOFFEE storefronts and dining areas wi ...
Yum China and Lavazza Team up to Bring the Automobili Lamborghini and Lavazza Partnership to the China Market
Prnewswire· 2024-06-17 12:55
SHANGHAI, June 17, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China", NYSE: YUMC and HKEX: 9987) and its joint venture partner Lavazza, one of the world's most prominent coffee manufacturers, announced today that they will bring a new partnership between Lavazza and iconic super sports car producer Automobili Lamborghini to the China market. Starting June 18, Lavazza will introduce a limited-time co-branded "LAVAZZA Shakerato" drink with Automobili Lamborghini in China, showcasing ...
Yum China's Popular Children's Day Promotions Highlight its Innovative Approach to IP Collaboration
Prnewswire· 2024-06-04 00:59
SHANGHAI, June 3, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China", NYSE: YUMC and HKEX: 9987) today announced that in celebration of Children's Day in China, over 4 million toy set meals have been sold this year as of June 2. Building on its long-term collaboration, KFC China teamed up with Pokémon again this year, offering six new Pokémon toys for this year, designed to appeal to fans of all ages. The exciting lineup included a Gengar memory game, a popular gaming toy; a Pikachu ...