Yum China Holdings Inc

NYSE:YUMC   3:59:56 PM EDT
48.27
-0.11 (-0.23%)
Other Pre-Announcement, Earnings Announcements

Yum China Reports Second Quarter 2022 Results

Published: 07/28/2022 20:53 GMT
Yum China Holdings Inc (YUMC) - Yum China Reports Second Quarter 2022 Results.
Q2 Earnings per Share $0.20.
Yum China - Most Severe Covid Outbreaks to Date in China Continued to Significantly Affect Restaurant Industry and Our Operations in Q2.
Yum China - Continued to Rebase Our Cost Structure to Be More Flexible.
Yum China - Entering Q3, We Are Seeing a Gradual Recovery.
Yum China - Qtrly Total Revenues Decreased 13% Year Over Year to $2.13 Billion From $2.45 Billion.
Yum China - Qtrly Same-store Sales Decreased 16% Year Over Year.
Yum China - Opened 53 Net New Stores During Quarter; Total Store Count Reached 12,170 As of June 30, 2022.
Q2 Adjusted Earnings per Share $0.20.
Yum China - Qtrly Diluted EPS Decreased 52% to $0.20.
Yum China - Company's Fiscal Year 2022 Targets Remain Unchanged.
Revenue is expected to be $2.77 Billion
Adjusted EPS is expected to be $0.33

Next Quarter Revenue Guidance is expected to be $2.58 Billion
Next Quarter EPS Guidance is expected to be $0.19

More details on our Analysts Page.