Yum China (NYSE: YUMC) reported Q2 EPS of $0.36, $0.03 better than the analyst estimate of $0.33. Revenue for the quarter came in at $2.07 billion versus the consensus estimate of $2.09 billion.

Second Quarter Highlights

• Total revenues increased 12% year over year to $2.1 billion from $1.8 billion (5% year over year increase excluding foreign currency translation (\"F/X\")).
• Total system sales grew 3% year over year, with 5% growth at KFC partially offset by 1% decline at Pizza Hut, excluding F/X.
• Same-store sales declined 1% year over year, with flat same-store sales at KFC and a 4% decrease at Pizza Hut, excluding F/X.
• Restaurant margin was 15.1%, as compared with 16.6% in the prior year period.
• Operating Profit increased 13% year over year to $193 million from $171 million (5% year over year increase excluding F/X).
• Net Income increased 14% to $143 million from $125 million in the prior year period (6% year over year increase excluding F/X).
• Effective tax rate was 26.0%.
• Diluted EPS was $0.36, as compared with $0.31 in the prior year period.
• Repurchased approximately 1.9 million shares for $73.4 million at an average price of $38.41 per share.
• Opened 164 new restaurants during the quarter, bringing total store count to 8,198 across more than 1,200 cities.

For earnings history and earnings-related data on Yum China (YUMC) click here.