Yum China (YUMC) Tops Q2 EPS by 3c, Slight Miss on Revenues

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Yum China Reports Second Quarter 2018 Results

August 1, 2018 4:30 PM EDT

SHANGHAI, Aug. 1, 2018 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC) today reported unaudited results for the second quarter ended June 30, 2018. Reported GAAP results include Special Items, which are excluded from adjusted measures.  Special Items are not allocated to any segment and therefore only impact reported GAAP results of Yum China.  See "Reconciliation of Reported GAAP Results to Adjusted Measures" within this release.

Second Quarter Highlights

Total revenues increased 12% year over year to $2.1 billion from $1.8 billion (5% year over... More