Yum China Reports Fourth Quarter and Full Year 2020 Results
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Yum China (YUMC) Tops Q4 EPS by 9c, Revenues Beat
February 3, 2021 4:32 PM ESTYum China (NYSE: YUMC) reported Q4 EPS of $0.35, $0.09 better than the analyst estimate of $0.26. Revenue for the quarter came in at $2.26 billion versus the consensus estimate of $2.17 billion.
Fourth Quarter Highlights
Total revenues increased 11% year over year to $2.26 billion from $2.03 billion (a 5% increase excluding foreign currency translation ("F/X")).Total system sales increased 5% year over year, with an increase of 3% at KFC and a decline of 3% at Pizza Hut, excluding F/X.Same-store sales declined 4% year over year, with declines of 4% at KFC and 5% at Pizza Hut, excluding... More