Yum China (YUMC) Tops Q4 EPS by 3c

Yum China (NYSE: YUMC) reported Q4 EPS of $0.12, $0.03 better than the analyst estimate of $0.09. Revenue for the quarter came in at $1.91 billion versus the consensus estimate of $1.92 billion.

• Same-store sales grew 2% year over year, with a 3% increase at KFC and a 4% decrease at Pizza Hut, excluding F/X.

The Company provides the following fiscal year 2019 targets:

• 600 to 650 gross new units
• Capital expenditures between $450 million and $500 million
• Effective tax rate below 28%

For earnings history and earnings-related data on Yum China (YUMC) click here.

You May Also Be Interested In

• Synopsys upgraded at Piper Sandler on Intel foundry momentum, Apple opportunity
• BofA lists top 5 themes driving next $1tn in incremental semi sales
• Bristow Group to acquire Berry Aviation for $105 million