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Benzinga

Business

Nabaparna Bhattacharya

Yum China Posts Record Q2 Margins, Alibaba Veteran Joins Board

YUM Yum China BABA China YUMC

Stuttgart,,Germany,-,06-19-2022:,Smartphone,With,Logo,Of,Restaurant,Company

Yum China Holdings, Inc. (NYSE:YUMC) reported second-quarter adjusted earnings per share of 58 cents, beating the analyst consensus estimate of 57 cents.

Quarterly sales of $2.787 billion missed the Street view of $2.79 billion.

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