Core Insights - Yum China reported a 4% year-over-year increase in system sales for Q3 FY2025, driven by a 4% net new store contribution and a 1% same-store sales growth [1] - The company achieved a total revenue of $3.2 billion, reflecting a 4% year-over-year growth [1] - The operating profit increased by 8% year-over-year to $400 million, with an operating profit margin of 12.5% [1] Financial Performance - Same-store sales grew by 1%, with same-store transaction volume increasing by 4%, marking the eleventh consecutive quarter of growth [1] - The company opened 536 new stores in Q3, totaling 1,119 new stores in the first nine months of the year, with franchise stores accounting for 32% and 29% respectively [1] - Earnings per share (EPS) decreased by 1% year-over-year to $0.76, but increased by 11% when excluding certain impacts [1] Shareholder Returns - Yum China returned $414 million to shareholders in Q3, including $326 million in stock buybacks and $88 million in cash dividends [2] - For the first nine months of 2025, the total return to shareholders amounted to $950 million [2] Sales Channels - Delivery sales increased by 32% year-over-year, accounting for approximately 51% of the company's restaurant revenue [3] - Digital order revenue reached $2.8 billion, representing about 95% of the company's restaurant revenue [4] - The combined membership for KFC and Pizza Hut reached approximately 575 million, a 13% year-over-year increase, with member sales accounting for 57% of total system sales [4]
百胜中国(09987.HK)第三季度总收入同比增长4% 经营利润同比增长8%