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Yum China Reports Second Quarter 2021 Results

Yum China Reports Second Quarter 2021 Results
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

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Yum China Reports Second Quarter 2021 Results

Yum China Reports Second Quarter 2021 Results
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

France General , Hong Kong , United States , Huang Ji , Joey Wat , Sandy Yeung , Pizza Hut Company , Most Influential Companies , Compensation Committee , Company Restaurant , Pizza Hut , Prnewswire Yum China Holdings Inc , Company Or Yum China , Top Employers Institute , Unit Development , Exchange Commission , Taco Bell , Yum China Holdings Inc , Hong Kong Stock Exchange , Securities Exchange , Effect Of Exchange Rates On Cash , Total Revenues , System Sales , Same Store Sales , China Holdings , Yum China ,

Yum China Reports First Quarter 2021 Results

Yum China Reports First Quarter 2021 Results
Total Revenues grew 46%. System Sales grew 34% and Same-Store Sales were up 10% in constant currency
Opened 315 new stores and reported $342 million Operating Profit
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SHANGHAI, April 27, 2021 /PRNewswire/ Yum China Holdings, Inc. (the Company or Yum China ) (NYSE: YUMC and HKEX: 9987) today reported unaudited results for the first quarter ended March 31, 2021.
Impact of COVID-19 Outbreak and Mitigation Efforts
Yum China reported substantial year-over-year growth in the first quarter, as the Company began to lap prior year periods that were impacted by COVID-19. System sales growth was mainly attributable to same-store sales growth, new unit contribution and substantially fewer temporary store closures. Operating Profit growth was further driven by lower commodity prices and productivity gains. ....

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Yum China Reports Fourth Quarter and Full Year 2020 Results

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 o ....

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Serving The City: People Make the Industry Says Restaurant GM

Serving The City: People Make the Industry Says Restaurant GM
Mitchell Eickhoff.
He says he got his first job in the restaurant industry when he was 14 years old working as a dishwasher at Pirate s Cove (he had to ride his bike to get there), from there he also worked for the Pizza Hut Corporation. Eickhoff spent the last 17 years behind the bar at Jimmy s Pour House before moving over to Old Capital Tavern this summer as their new general manager.
He says what he loves about the industry the most is the people.
It s an industry where mostly it s a treat for people, especially in a restaurant like Old Capital Tavern, or even Jimmy s Pour House, it s not necessarily a place that you re going to drive by and think you should grab something quick. A lot of times you plan to go there and you want to enjoy yourself. ....

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