Yum China to Report First Quarter 2024 Financial Results

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Why Yum China (YUMC) stock fell 10% today

March 19, 2024 12:58 PM EDT

Yum China (NYSE: YUMC) shares tumbled as much as 10% Tuesday after analysts at UBS highlighted potential downside risks to the company's first-quarter guidance.

YUMC previously provided Q1 guidance of relatively flat recurring operating profit. It is set to report its financial results... More