Live Breaking News & Updates on China Reports Second Quarter

Yum China Reports Second Quarter 2021 Results
Published: 07/28/2021 20:58 GMT
Q2 Earnings per Share $0.42.
Q2 Adjusted Earnings per Share $0.42.
Q2 Revenue Rose 29 Percent to $2.45 Billion.
In Q2 Total System Sales Increased 14% Year Over Year, With Increases of 14% at Kfc and 16% at Pizza Hut, Excluding F/x.
Qtrly Same-store Sales Increased 5% Year Over Year, With Increases of 4% at Kfc and 11% at Pizza Hut, Excluding F/x.
With 719 Gross New Stores Opened in First Half, Co Now Expect to Open Around 1,300 New Stores in 2021.
Sees FY 2021 Capital Expenditures of Approximately $700-800 Million.
Despite the Challenges Posed by the Pandemic, Co Well-positioned to Capture the Market Opportunities in China. ....

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