Yum China Earnings Reports

Yum China reported a strong fourth quarter in 2024, with total revenues increasing by 4% year-over-year to $2.6 billion. Operating profit grew by 36% to $151 million, and diluted EPS increased by 30% to $0.30. The company opened 534 net new stores, reaching a total of 16,395 stores.

Yum China reported strong Q3 2024 results with a 4% increase in total system sales, driven by net new unit contribution. Total revenues increased by 5% to $3.07 billion. Diluted EPS grew by 33% year over year. The company opened 438 net new stores and is stepping up capital returns to shareholders by 50% to $4.5 billion for 2024-2026.

Yum China reported a record second quarter revenue of $2.68 billion, driven by an 8% net new unit contribution. Operating profit grew by 4% year-over-year to $266 million, and diluted EPS increased by 17% year-over-year to $0.55.

Yum China reported a 1% increase in total revenues to $2.96 billion, with a 6% system sales growth excluding F/X. The company achieved a diluted EPS of $0.71, up 4% YoY, and opened a record 378 net new stores, surpassing 15,000 total stores. A record $745 million was returned to shareholders through share repurchases and cash dividends.

Yum China reported a strong fourth quarter in 2023, with total revenues increasing by 19% to $2.49 billion and operating profit growing by 170% to $110 million. The company opened 542 net new stores, reaching a total of 14,644 stores. They also increased the dividend by 23% and stepped up 2024 share repurchases to $1.25 billion

Yum China reported a 9% increase in total revenues to $2.91 billion, with system sales growing by 15% in constant currency. The company opened 500 net new stores, bringing the total count to 14,102. Operating profit increased by 2% to $323 million, while net income rose by 18% to $244 million.

Yum China's second quarter 2023 results showed significant growth, with total revenues up 25% and operating profit increasing by 216%. The company opened 422 net new stores, reaching a total of 13,602 stores. Same-store sales increased by 15%, driven by both KFC and Pizza Hut.

Yum China reported a strong first quarter in 2023, with total revenues reaching $2.92 billion, a 9% increase year-over-year. Operating profit increased by 118% to $416 million, driven by sales leveraging and margin expansion. The company opened 233 net new stores, bringing the total store count to 13,180.

Yum China's Q4 2022 revenues decreased by 9% year-over-year to $2.09 billion. Operating profit decreased 94% year-over-year to $41 million, and net income decreased 89% to $53 million. Despite challenges, the company opened 538 net new stores and improved restaurant margin to 10.4%.

Yum China reported a 5% increase in total revenues to $2.68 billion and a 77% increase in operating profit to $316 million. The company opened 239 net new stores, reaching a total of 12,409 stores. Despite COVID-related challenges, Yum China's system sales grew by 5% year over year, outperforming the national restaurant industry average.

Yum China's Q2 2022 results were significantly impacted by COVID-19 outbreaks, with revenue decreasing by 13% year over year to $2.13 billion. However, the company demonstrated resilience through cost management and operational adjustments, delivering $81 million in operating profit.

Yum China's first quarter results were impacted by the COVID-19 outbreak, which caused significant volatility in business operations. Despite these challenges, the company grew total revenues by 4% year over year to $2.67 billion and sustained operating profit at $191 million.

Yum China's fourth-quarter results were influenced by widespread COVID-19 outbreaks, leading to stringent public health measures. Despite these challenges, the company achieved a 1% increase in total revenues, reaching $2.29 billion. However, same-store sales declined by 11%.

Yum China's third-quarter results were significantly impacted by the Delta variant outbreak, which led to decreased same-store sales. Despite these challenges, the company sustained system sales growth through new store openings and digital channels. Total revenues increased 9% year over year to $2.55 billion.

Yum China reported a strong second quarter with total revenues increasing by 29% year over year to $2.45 billion. System sales grew by 14%, and same-store sales were up by 5% in constant currency. The company opened 404 new stores, reaching a total of 11,023 stores.

Yum China reported a strong first quarter with total revenues increasing by 46% year-over-year to $2.56 billion and operating profit increasing by 250% to $342 million. The company opened 315 new stores, reaching a total of 10,725 stores. Same-store sales increased by 10%, with KFC up by 5% and Pizza Hut up by 38%.

Yum China reported an 11% increase in total revenues and a 90% increase in operating profit for the fourth quarter of 2020. The company opened 505 new stores during the quarter and managed to improve restaurant margins despite same-store sales decline. While the recovery was uneven due to regional COVID-19 outbreaks, the company's digital capabilities and value campaigns helped drive traffic and improve overall performance.

Yum China's total revenues increased by 1% to $2.35 billion, with system sales also growing by 1%. The company opened 312 new stores, reaching a total of 10,150 stores. Operating Profit increased significantly to $556 million, and Adjusted Operating Profit rose to $320 million.

Yum China's second quarter results showed resilience with over 99% of stores open and system sales recovering to 96% of the prior year in constant currency. The company opened 169 new stores and reported $128 million in operating profit despite the ongoing impact of COVID-19.

Yum China's first quarter 2020 results were significantly impacted by the COVID-19 outbreak, with total revenues declining 24% year-over-year to $1.75 billion and operating profit declining 68% to $97 million. However, the company managed to sustain operating profitability through effective cost management, labor productivity improvement, and one-time relief from landlords and government agencies.

Yum China's fourth-quarter total revenues increased by 6% year over year to $2.03 billion. Total system sales grew by 8% year over year, with KFC growing 10% and Pizza Hut growing 1%, excluding F/X. Same-store sales grew by 2% year over year, with a 3% increase at KFC and flat same-store sales at Pizza Hut, excluding F/X. Net income increased 22% to $90 million. Diluted EPS increased 21% to $0.23.