Yum China Stock Rises On Upgrade: Retail’s Not Convinced
From StockTwits: 2025-01-20 20:32:10
Yum China’s stock has risen more than 5% in the past week as they announced the date for their upcoming fourth-quarter results. OTR Global upgraded Yum to ‘Mixed’ from ‘Negative,’ citing improved sales growth. The company is expected to report earnings per share of $0.30 and revenues of $2.62 billion. Yum China has about 400,000 employees and operates over 15,000 restaurants under brands like KFC and Pizza Hut. They have been ranked number one globally for sustainability in the restaurant industry. Despite recent gains, Yum China’s stock is down 7% year-to-date.
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