Yum China Reports Third Quarter 2019 Results
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Yum China (YUMC) Tops Q3 EPS by 3c
October 29, 2019 4:33 PM EDTYum China (NYSE: YUMC) reported Q3 EPS of $0.58, $0.03 better than the analyst estimate of $0.55. Revenue for the quarter came in at $2.3 billion versus the consensus estimate of $2.38 billion.
Third Quarter Highlights
Total revenues increased 5% year over year to $2.3 billion from $2.2 billion (8% year over year increase excluding foreign currency translation (\"F/X\")).Total system sales grew 8% year over year, with growth of 10% at KFC and 3% at Pizza Hut, excluding F/X.Same-store sales grew 2% year over year, with a 3% increase at KFC and a 1% increase at Pizza Hut, excluding... More