Yum China (YUMC) Tops Q4 EPS by 6c, Revenues In-Line; Provides Commentary on Coronavirus Impact
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Yum China Reports Fourth Quarter and Fiscal Year 2019 Results
February 5, 2020 4:30 PM ESTFourth quarter total revenues grew 6% or 8% in constant currency;Fourth quarter total system sales grew 8% and same-store sales grew 2% in constant currency; Opened 1,006 new stores in 2019
SHANGHAI, Feb. 5, 2020 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC) today reported unaudited results for the fourth quarter and year ended December 31, 2019. 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... More
