Yum China (09987.HK): A high base affects short-term pressure on the same stores, and the pace of store expansion is improving
2024Q1 achieved adjusted net profit of US$287 million, slightly better than the market's agreed expectations. 2024Q1, the company's total revenue was US$2,958 billion/ +1.3%, and the revenue performance was slightly lower than Bloomberg's agreed expectations (30.
US stocks closed | NASDAQ rose about 2%, Apple surged 6% after the results, and Nvidia rose more than 3%
The three major US stock indexes closed up at least 1%; Amgen led the S&P and Dow, the diet drug duo Lilai once fell more than 3%, and Novo Nord Europe shares once fell more than 5%; the chip stock index closed up more than 2% and still fell throughout the week. Qualcomm's sharp rise fell back the next day, and AMD earnings fell more than 4% in the week
The Nasdaq Golden Dragon China Index initially closed up 1.6%, the popular Chinese securities New Oriental rose 4.8%, NetEase rose 4.1%, Yum Sheng China rose 2.6%, Pinduoduo, Baidu, and Land Control rose 1.8%, Station B rose 0.7%, NIO Auto fell 0.4%, Jins
The Nasdaq Golden Dragon China Index initially closed up 1.6%, the popular Chinese securities New Oriental rose 4.8%, NetEase rose 4.1%, Yum Sheng China rose 2.6%, Pinduoduo, Baidu, and Land Control rose 1.8%, Station B rose 0.7%, NIO Auto fell 0.4%, Jinshan Yunyun fell 2.4%, Ideal fell 3.4%, Xiaopeng fell 3.5%, and Canan Technology fell 4%.
Yum! Brands, Inc. (NYSE:YUM) Q1 2024 Earnings Call Transcript
Shake Shack (SHAK) Q1 Earnings Beat Estimates, Revenues Lag
Yum China Holdings, Inc. Just Recorded A 9.2% EPS Beat: Here's What Analysts Are Forecasting Next
Shareholders might have noticed that Yum China Holdings, Inc. (NYSE:YUMC) filed its quarterly result this time last week. The early response was not positive, with shares down 4.3% to US$37.36 in the
Yum China (09987.HK) spent HK$4.695,000 to buy back 16,400 shares on May 2
Yum China (09987.HK) announced that it spent HK$4.695,000 to repurchase 16,400 shares on May 2.
May 2 Repurchase Collection | Hang Seng Bank, Swire Group A and others bought back one after another. Of these, Hang Seng Bank spent HK$47.1617 million
According to documents disclosed by the Hong Kong Stock Exchange on May 3, $Hang Seng Bank (00011.HK) $ and $Swire Group A (00019.HK) $ repurchased shares. ① $Hang Seng Bank (00011.HK) $ repurchased 450,000 common shares on May 2, involving an amount of HK$47.161,700. The repurchase price per share ranged from HK$105.4 to HK$102.9. The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 7.984 million shares, accounting for 0.418% of the number of shares issued when the ordinary resolution was passed. ② $Taikoo
Nomura Trims Yum China Price Target to $58.40 From $58.50
Yum China Holdings (YUMC) has an average rating of outperform and price targets ranging from $34 to $80, according to analysts polled by Capital IQ. Price: 36.70, Change: +0.78, Percent Change: +2.17
Yum China (09987.HK) spent 2.4 million US dollars to buy back 65,300 shares on May 1
Gelonghui, May 2, 丨 Yum China (09987.HK) announced that it spent 2.4 million US dollars to buy back 65,300 shares on May 1.
Buy Rating Affirmed for Yum China Holdings Amidst Strategic Initiatives and Attractive Valuation
Yum China (9987.HK): Under a high base, the same store declined slightly, and flexible store expansion accelerated
Guide to this report: The company's performance as a leading restaurant is relatively stable. Medium- to long-term store expansion drives performance growth and increases shareholder returns through repurchases and dividends. Summary: Investment advice: Q1 performance slightly exceeded expectations, maintaining the company 2024-2
YUM CHINA(9987.HK):2Q24E IS TOUGH BUT TURNAROUND IS STILL POSSIBLE
The 1Q24 results of Yum China were satisfactory, however the catering industry r
Yum China fell nearly 5%. Previously, the company's first quarter earnings fell short of expectations.
Yum China fell nearly 5%. Previously, the company's first quarter earnings fell short of expectations.
Repurchase Collection on April 30 | Hang Seng Bank, Swire Group A, etc. bought back one after another. Of these, Hang Seng Bank spent HK$56.2511 million
According to documents disclosed by the Hong Kong Stock Exchange on May 2, $Hang Seng Bank (00011.HK) $ and $Swire Group A (00019.HK) $ repurchased shares. ① $Hang Seng Bank (00011.HK) $ repurchased 540,000 common shares on April 30, involving an amount of HK$56.2511 million. The repurchase price per share ranged from HK$105 to HK$103.6. The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 7.534 million shares, accounting for 0.394% of the number of shares issued when the ordinary resolution was passed. ② $Taikoo Shares
Yum China Holdings (YUMC) Gets a Buy From DBS
Yum China (9987.HK) 2024 Quarterly Report Review: 1Q Performance Meets Expectations, High Repurchase Dividends Reward Shareholders
Event: On April 30, Yum China released its 2024 quarterly report. 1Q revenue was US$2.96 billion, yoy +1% (yoy +7%) (excluding exchange rate effects, yoy +7%); net profit of US$287 million, yoy -1%
Research Alert: CFRA Maintains Hold Opinion On Shares Of Yum China Holdings, Inc.
CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: Our 12-month target price of USD35 impli
Morgan Stanley Trims Price Target on Yum China Holdings to $61 From $62, Keeps Overweight Rating
Yum China Holdings (YUMC) has an average investment rating of outperform among analysts polled by Capital IQ, with price targets ranging from $33 to $80. Price: 36.50, Change: -0.01, Percent Change: -
Yum China (09987) spent 2.4 million US dollars to buy back 64,900 shares on April 30
Yum China (09987) announced that on April 30, 2024, the company spent 2.4 million US dollars to buy back 6...
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