Yum China (YUMC) Tops Q3 EPS by 18c

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Yum China Reports Third Quarter 2022 Results

November 1, 2022 4:30 PM EDT

Total Revenues grew 5%; System Sales grew 5% in constant currency, despite temporary closures Delivered $316 million Operating Profit, representing 77% growth, through strong execution  Opened 621 net new stores year-to-date, on track to meet full-year net new store target of 1,000 to 1,200                     

SHANGHAI, Nov. 1, 2022 /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, 2022.

Impact of COVID Outbreak and Mitigation Efforts 

The COVID pandemic continued... More