Yum China Reports 6% Same-Store Sales Growth and 10% System Sales Growth; Operating Profit Up 11% YoY; Board Declares Initial Dividend and Expands Share Repurchase Authorization

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Go back to Yum China Reports 6% Same-Store Sales Growth and 10% System Sales Growth; Operating Profit Up 11% YoY; Board Declares Initial Dividend and Expands Share Repurchase Authorization

Yum China Holdings (YUMC) PT Raised to $45.10 at BofA/Merrill Lynch Following 3Q

October 6, 2017 9:21 AM EDT

BofA/Merrill Lynch raised its price target on Yum China Holdings (NYSE: YUMC) to $45.10 (from $41.60) while maintaining a Neutral rating following the company's 3Q report. Revenue/system sales were +8%/+10%.

In BofA/Merrill Lynch's view, YUMCs strategy to focus on digital, delivery and... More

Yum China (YUMC) Misses Q3 EPS by 4c, Comps Increase 6%

October 5, 2017 4:32 PM EDT

Yum China (NYSE: YUMC) reported Q3 EPS of $0.52, $0.04 worse than the analyst estimate of $0.56. Revenue for the quarter came in at $2.04 billion versus the consensus estimate of $1.98 billion.

YUMC reported 6% same-store sales growth.

CEO Comments

"We are pleased to report the third consecutive quarter of delivering positive same-store sales growth. With revenues exceeding $2 billion in the... More