Yum China (YUMC) Declines 38% in a Year: Is the Worst Over?

Shares of Yum China Holdings, Inc. (YUMC) has declined 37.8% in the past year against the industry’s growth of 4.3%.Despite the fall, the stock is likely to take a U-turn due robust growth plan. This Zacks Rank #2 (Buy) company’s earnings in 2024 and 2025 are estimated to witness growth of 9.5% and 16.3%, respectively.Growth DriversYUMC remains steadfast in its focus on long-term growth, continuously aligning its strategies with a forward-looking vision. On Sep 14, 2023, management unveiled an enhanced RGM ...