Yum China Reports Third-Quarter Revenue of $3.48B, EPS of $0.91
Yum China said third-quarter revenue and earnings increased year over year. Revenue growth reflected a 5% net new unit contribution, partly offset by a 3% same-store sales decline.
Yum China’s third-quarter revenue and earnings increased year over year. Revenue growth reflected 5% net new unit contribution, partly offset by a 3% same-store sales decline; operating profit also benefited from streamlined operations, favorable commodity prices and lower Pizza Hut license fees af…