Egg Industry News and Commentary

  —  Apr 12

 
Yum China Shares Respond to Strong Earnings

    

Yum China Holdings, spun-off from Yum Brands in 2015, recently reported 1st Quarter earnings of $175 million or 44 cents per share compared to $145 million and 40 cents per share for the corresponding quarter of the previous fiscal year.

Revenue was slightly lower at $1.28 billion compared to $1.30 billion. Same-store sales grew one percent.

  

The sales and earnings values exceeded analysts’ predictions and shares of the Company in China rose 11 percent with a corresponding increase in Yum! Brands of 1.5 percent.