Yum China Holdings (YUMC) Surges on Strong Q3 Results: Revenue Beats, Delivery Sales Soar, and Buyback Boost

Yum China Holdings, Inc. (YUMC) shares skyrocketed in pre-market trading after the company delivered impressive third-quarter results, exceeding revenue expectations, seeing strong growth in delivery sales, and announcing a significant increase in share repurchases. The company’s focus on digital sales and expansion into new markets like coffee and premium pizza is driving continued growth.

Yum Brands Stock Falls After Q1 Miss, Pizza Hut and KFC Struggle

Yum Brands, the parent company of Taco Bell, KFC, and Pizza Hut, reported disappointing quarterly earnings and revenue that missed analysts’ expectations. Pizza Hut and KFC saw a decline in same-store sales, leading to a 4% drop in the company’s shares. Taco Bell was the only brand to report positive same-store sales growth, with its Mexican-inspired cuisine continuing to resonate with customers. Yum’s digital business was also a bright spot, with digital sales accounting for more than 50% of total sales for the first time.

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