Yum China Reports Second Quarter 2021 Results
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Yum China (YUMC) Misses Q2 EPS by 2c
July 28, 2021 4:32 PM EDTYum China (NYSE: YUMC) reported Q2 EPS of $0.42, $0.02 worse than the analyst estimate of $0.44. Revenue for the quarter came in at $2.45 billion versus the consensus estimate of $2.45 billion.
CEO and CFO Comments
Joey Wat, CEO of Yum China, commented, "We delivered another quarter of solid performance. Pizza Hut achieved stellar performance and is expected to become another growth engine. KFC remained resilient and drove robust system sales and operating profit growth. Yum China continues to accelerate store network expansion. In less than one year, we increased total store count from 10,000 to over... More
