Yum China (YUMC) Tops Q4 EPS by 3c
Yum China (NYSE: YUMC) reported Q4 EPS of $0.12, $0.03 better than the analyst estimate of $0.09. Revenue for the quarter came in at $1.91 billion versus the consensus estimate of $1.92 billion.
- Same-store sales grew 2% year over year, with a 3% increase at KFC and a 4% decrease at Pizza Hut, excluding F/X.
The Company provides the following fiscal year 2019 targets:
- 600 to 650 gross new units
- Capital expenditures between $450 million and $500 million
- Effective tax rate below 28%
For earnings history and earnings-related data on Yum China (YUMC) click here.
