Yum China (YUMC) Tops Q3 EPS by 17c, Revenues Beat
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Yum China Reports Third Quarter 2020 Results
October 28, 2020 4:30 PM EDTSHANGHAI, Oct. 28, 2020 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC and HKEX: 9987) today reported unaudited results for the third quarter ended September 30, 2020.
Impact of COVID-19 Outbreak and Mitigation EffortsÂ
Third quarter operations improved, although still impacted by reduced traffic at transportation and tourist locations, the delayed and shortened school holiday and the other lingering effects of the COVID-19 outbreak. Dine-in volume has been recovering, while delivery and takeaway remained popular options. The Company's primary focus continues to be safety, efficiency and driving traffic. We... More
