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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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LL Flooring Reports First Quarter 2021 Financial Results
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RICHMOND, Va., May 5, 2021 /PRNewswire/ Lumber Liquidators ( LL Flooring or Company ) (NYSE: LL), a leading specialty retailer of hard-surface flooring in North America, today announced financial results for the first quarter ended March 31, 2021. During the first quarter, we delivered positive 6.9% comparable sales and increased our operating income from the first quarter of 2020, driven by continued execution on our transformation initiatives, strong demand for home improvement projects and accelerating year-over-year growth in our installation business, said President and Chief Executive Officer Charles Tyson. I want to thank all of our associates for driving our strategic priorities forward during the quarter, demonstrating progress on our four pillars of people and culture, improving the customer experience, driving traffic and transactions, and improving
LL Flooring Reports Fourth Quarter and Full Year 2020 Financial Results
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Yum China Reports Fourth Quarter and Full Year 2020 Results
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Fourth Quarter Operating Profit grew to $180 million
Opened 1,165 new stores in 2020
SHANGHAI, Feb. 3, 2021 /PRNewswire/ Yum China Holdings, Inc. (the Company or Yum China ) (NYSE: YUMC and HKEX: 9987) today reported unaudited results for the fourth quarter and year ended December 31, 2020.
Impact of COVID-19 Outbreak and Mitigation Efforts
Fourth quarter operations improved sequentially from the third quarter. The Company s primary focus continues to be safety, efficiency and sales recovery. To counter the pandemic impact, we ran strong value and digital campaigns to drive traffic. Delivery and takeaway remained popular, while dine-in recovered sequentially. Proactive cost structure realignment, productivity improvements and one-off cost savings helped us achieve year-over-year expansion of restaurant margins and operating profit. However, the pace of recovery was uneven an