Yum China Reports First Quarter 2022 Results
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Yum China Holdings (YUMC) PT Lowered to $56 at Goldman Sachs
May 4, 2022 9:59 AM EDTGoldman Sachs analyst Michelle Cheng lowered the price target on Yum China Holdings (NYSE: YUMC) to $56.00 (from $69.00) while maintaining a Buy rating.
The analyst comments "YUMC 1Q22 results came above expectation further demonstrating business agility and strong execution. During the earnings call, management reiterated the conviction of 1,000-1,200 full year net opening guidance underpinned by... More
Yum China (YUMC) Reports Q1 EPS of $0.24
May 3, 2022 4:36 PM EDTYum China (NYSE: YUMC) reported Q1 EPS of $0.24, versus $0.54 reported last year. Revenue for the quarter came in at $2.67 billion, versus $2.56 billion reported last year.
2022 Outlook:
Yum China remains focused on capturing long-term opportunities in China. The Company's fiscal year... More