Yum China (YUMC) Tops Q1 EPS by 6c; maintains outlook

Yum China (NYSE: YUMC) reported Q1 EPS of $0.71, $0.06 better than the analyst estimate of $0.65. Revenue for the quarter came in at $2.96 billion versus the consensus estimate of $3.05 billion.

OUTLOOK

The Company\'s targets for 2024 fiscal year remain unchanged from the prior period\'s disclosures.

-Open approximately 1,500 to 1,700 net new stores.
-Make capital expenditures in the range of approximately $700 million to $850 million.
-Return a Company record-setting $1.5 billion to shareholders through quarterly cash dividends and share repurchases.

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

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