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Yum China Reports First Quarter 2021 Results

Yum China Reports First Quarter 2021 Results Total Revenues grew 46%. System Sales grew 34% and Same-Store Sales were up 10% in constant currency Opened 315 new stores and reported $342 million Operating Profit News provided by Share this article Share this article SHANGHAI, April 27, 2021 /PRNewswire/ Yum China Holdings, Inc. (the Company or Yum China ) (NYSE: YUMC and HKEX: 9987) today reported unaudited results for the first quarter ended March 31, 2021. Impact of COVID-19 Outbreak and Mitigation Efforts Yum China reported substantial year-over-year growth in the first quarter, as the Company began to lap prior year periods that were impacted by COVID-19. System sales growth was mainly attributable to same-store sales growth, new unit contribution and substantially fewer temporary store closures. Operating Profit growth was further driven by lower commodity prices and productivity gains.

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Yum China: Q1 Earnings Snapshot

Yum China: Q1 Earnings Snapshot April 27, 2021 FacebookTwitterEmail SHANGHAI (AP) Yum China Holdings Inc. (YUMC) on Tuesday reported first-quarter earnings of $230 million. On a per-share basis, the Shanghai-based company said it had profit of 53 cents. Earnings, adjusted for non-recurring costs, came to 54 cents per share. The restaurant operator in China posted revenue of $2.56 billion in the period. Yum China shares have climbed 5% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $60.06, an increase of 31% in the last 12 months. This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on YUMC at https://www.zacks.com/ap/YUMC

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Yum China Announces Disclosure under Hong Kong Stock Exchange Rules in Relation to a Possible Quarterly Dividend

Yum China Announces Disclosure under Hong Kong Stock Exchange Rules in Relation to a Possible Quarterly Dividend News provided by Share this article Share this article SHANGHAI, April 15, 2021 /PRNewswire/ Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, Yum China or the Company ) today announced, in compliance with the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the HKEX ) which require advance notice of board meetings at which a dividend is expected to be declared, that its board of directors (the Board ) will consider the declaration and payment of a quarterly dividend (the Dividend ). If the Board decides to proceed, the declaration will be adopted by Board resolution on or around April 28, 2021 (Beijing/Hong Kong Time) and will be promptly disclosed by the Company.

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Alibaba-backed video site Bilibili slumps in Hong Kong debut

Alibaba-backed video site Bilibili slumps in Hong Kong debut
aljazeera.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aljazeera.com Daily Mail and Mail on Sunday newspapers.

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Popeyes plots to become global power - BNN Bloomberg

Popeyes plots to become global power - BNN Bloomberg
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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