Previous close | 0.4000 |
Open | 0.4000 |
Bid | 0.0500 |
Ask | 0.5000 |
Strike | 62.50 |
Expiry date | 2025-01-17 |
Day's range | 0.4000 - 0.4000 |
Contract range | N/A |
Volume | |
Open interest | 175 |
Q1 2024 Yum China Holdings Inc Earnings Call
Shares of fast-food company Yum China (NYSE:YUMC) fell 7.5% in the morning session after the company reported first quarter results with same store sales missing expectations which led to revenue falling below expectations. Management added that the company is "operating under a near-term challenging environment." On the other hand, EPS narrowly outperformed Wall Street's estimates. Zooming out, we conclude that it was a mixed quarter, with disappointing topline performance driving the narrative
Yum China's (YUMC) first-quarter 2024 top line reflects a strong contribution from net new units and total system sales growth.