Yum China Holdings (NYSE:YUMC) reported revenue of $2.09 billion for the fourth quarter of 2022 versus expectations of $2.22 billion

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Yum China Holdings, Inc. (NYSE:YUMC) reported revenue of $2.09 billion for the fourth quarter of 2022 versus expectations of $2.22 billion. Fourth-quarter same-store sales were -4% versus -4.27% expected, and fourth-quarter quarterly adjusted earnings per share were $0.13, unchanged from $1.10 a year ago. It is expected to open 1,100 to 1,300 new stores in 2023.

Yum China Holdings (NYSE:YUMC) reported revenue of $2.09 billion for the fourth quarter of 2022 versus expectations of $2.22 billion Read Post »