Yum China Holdings Inc
YUMC: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| FFL | LOCK|nqY | LOCK|^$%%D# |
Yum China Earnings: Margin Expansion and Pizza Growth Outshine Subsidy Risks; Shares Undervalued
Yum China reported solid second-quarter earnings, with revenue up 4% and operating profit rising 14% year over year. Management slightly raised its margin outlook for the remainder of the year and maintained its new stores target, but reduced capital expenditure guidance due to lower buildout costs.
