Yum China (YUMC) Tops Q1 EPS by 34c, Revenues Beat, Same-Store Sales Down 15% YoY

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Go back to Yum China (YUMC) Tops Q1 EPS by 34c, Revenues Beat, Same-Store Sales Down 15% YoY

Yum China Reports First Quarter 2020 Results

April 28, 2020 4:30 PM EDT

SHANGHAI, April 28, 2020 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC) today reported unaudited results for the first quarter ended March 31, 2020.

Impact of COVID-19 Outbreak and Mitigation Efforts 

As the COVID-19 outbreak progressed, Yum China further heightened its focus on safeguarding the health and safety of its employees and customers. The Company implemented stringent health measures at its restaurants and workplaces, and provided extended healthcare and other support to employees.

First quarter operations were significantly affected by the outbreak. Working closely with local... More