Yum China (YUMC) Q4 Earnings and Revenues Surpass Estimates
YUM CHINA(YUMC) Zacks Investment Research·2024-02-07 16:36
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 ...