YUMC News and Press, Yum China Holdings Inc. From 02/16/23

Summary The Refinitiv U.S. Retail and Restaurant Q4 earnings index, which tracks changes in the growth rate of earnings within the sector, is expected to show a weak 22.9% decline over last year’s levels. Our metrics show that ten of 11 consumer-related industries have turned neg...

Summary SSS results during Chinese New Year, despite shaky consumer confidence and the possibility of a second wave, bode well for FY23 growth. YUMC aims to invest between $700 million and $900 million in CAPEX in 2023 to open 1,100 to 1,300 net new stores. Management is cautiously ...

Summary Yum China's revenue fell in last year's fourth quarter as China imposed some of its harshest pandemic restrictions, though it continued its ability to remain profitable during the pandemic. The company said its same-store sales grew by a mid-single-digit amount during the Lunar ...

Yum China ( NYSE: YUMC ) shares slipped on Wednesday as quarterly revenue came up short of expectations. For the fourth quarter, an adjusted EPS report of $0.13 met expectations. However, an 8.7% decline in revenue from the prior year to $2.09B missed estimates by $220M. ...

Image source: The Motley Fool. Yum China (NYSE: YUMC) Q4 2022 Earnings Call Feb 07, 2023 , 7:00 p.m. ET Operator Continue reading For further details see: Yum China (YUMC) Q4 2022 Earnings Call Transcript

Yum China Holdings, Inc. (YUMC) Q4 2022 Earnings Conference Call February 07, 2023 07:00 PM ET Company Participants Michelle Shen - Director, Investor Relations Joey Wat - Chief Executive Officer Andy Yeung - Chief Financial Officer Conference Call Participants ...

The following slide deck was published by Yum China Holdings, Inc. in conjunction with their 2022 Q4 earnings call. For further details see: Yum China Holdings, Inc. 2022 Q4 - Results - Earnings Call Presentation

Yum China press release ( NYSE: YUMC ): Q4 Non-GAAP EPS of $0.13 in-line. Revenue of $2.09B (-8.7% Y/Y) misses by $220M . Total system sales decreased 4% year over year, with decreases of 1% at KFC and 6% at Pizza Hut, excluding F/X. Same-store sales decreased 4% year ...

Yum China Reports Fourth Quarter and Full Year 2022 Results PR Newswire Reported Operating Profit of $41 million in the fourth quarter and $629 million for the full year reflecting resilience and business agility Opened 1,159 net new stores in the year, lay...

Yum China Named to Bloomberg Gender-Equality Index and Certified as a Top Employer in China for the Fifth Consecutive Year PR Newswire SHANGHAI , Feb. 3, 2023 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") today...