Yum China (YUMC) Tops Q1 EPS by 23c

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Yum China Reports First Quarter 2023 Results

May 2, 2023 4:30 PM EDT

Record first quarter performance Total Revenues reached $2.92 billion and Operating Profit reached $416 million
Total Revenues grew 9%; System Sales grew 17% and Same-store Sales grew 8% in constant currency
Operating Profit increased 118% year over year, attributed to sales leveraging and margin expansion

SHANGHAI, May 2, 2023 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC and HKEX:... More