Yum China Holdings,Inc. (NYSE:YUMC) Files An 8-K Results of Operations and Financial Condition
Item 2.02.
Results of Operations and Financial Condition.
On January 31, 2019, Yum China Holdings, Inc. issued a press release announcing its unaudited results for the full year and fourth quarter ended December 31, 2018. A copy of the press release is being furnished as Exhibit 99.1 to this Current Report on Form 8-K.
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Item 2.02. |
Financial Statements and Exhibits. |
(d)Exhibits.
The following exhibits are furnished with this report:
Yum China Holdings, Inc. Exhibit
EX-99.1 2 yumc-ex991_6.htm EX-99.1 yumc-ex991_6.htm Exhibit 99.1 Yum China Reports Fourth Quarter and Fiscal Year 2018 Results Fourth quarter total revenues grew 2% or 7% in constant currency; Fourth quarter total system sales grew 6% and same-store sales grew 2% in constant currency; Opened 819 gross new stores in 2018 Shanghai,…
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About Yum China Holdings,Inc. (NYSE:YUMC)
Yum China Holdings, Inc. is a restaurant company with approximately 7,200 restaurants. The Company’s restaurant base consists of restaurant brands, including KFC, Pizza Hut Casual Dining, Pizza Hut Home Service, East Dawning and Little Sheep. The Company’s segments are KFC, Pizza Hut Casual Dining and All Other Segments, which include Pizza Hut Home Service, East Dawning and Little Sheep. KFC is the Quick-Service Restaurant (QSR) brand in China. In addition to original recipe chicken, KFC in China has a menu featuring pork, beef, seafood, rice dishes, fresh vegetables, soups, breakfast, desserts, and many other products, including coffee. Pizza Hut Casual Dining is the Casual Dining Restaurant (CDR) brand. Little Sheep is a casual-dining brand. Little Sheep specializes in Hot Pot cooking. East Dawning is a Chinese food quick-service restaurant brand, primarily located in coastal cities. As of December 31, 2015, KFC operates over 5,000 restaurants in over 1,100 cities across China.