Yum China Holdings Inc
YUMC: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| DcP | LOCK|Nw | LOCK|v<>&mvC |
Yum China Earnings: Softer Quarter, Faster Pizza Hut Expansion; Shares Undervalued
Yum China's third-quarter revenue grew 2% year on year, and core operating profit rose 6% in constant currency, even as August storms and shrinking delivery subsidies drove same-store sales decline. Management spent much of the earnings call on the recent takeover of Pizza Hut in mainland China.
