Provided by Dow Jones By Maria Armental Yum China Holdings Inc. s second-quarter financial performance reflected improved business activity in China even as the virus resurgence in some areas continued to weigh on operations, particularly in transportation and tourist locations. Same-store sales, a key sales metric, rose 5% in the latest period, adjusted for currency conversion, and driven by Pizza Hut. Second-quarter profit rose to $181 million from $132 million a year earlier. On a per-share basis, it reported profit and adjusted profit of 42 cents. Total revenue rose to $2.45 billion from $1.9 billion a year earlier. Analysts surveyed by FactSet expected an adjusted profit of 44 cents a share on $2.45 billion in revenue.
Yum China Holdings, inc (YUMC) Q2 2021 Earnings Call Transcript
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Yum China Reports Second Quarter 2021 Results
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Yum China Reports Second Quarter 2021 Results
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