financetom
Business
financetom
/
Business
/
Yum China Q4 Adjusted Earnings, Revenue Increase; Plans to Return $3 Billion to Shareholders
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Yum China Q4 Adjusted Earnings, Revenue Increase; Plans to Return $3 Billion to Shareholders
Feb 6, 2025 2:58 AM

05:31 AM EST, 02/06/2025 (MT Newswires) -- Yum China ( YUMC ) reported Q4 adjusted earnings early Thursday of $0.30 per diluted share, up from $0.25 a year earlier.

Analysts polled by FactSet expected $0.29.

Revenue for the quarter that ended Dec. 31 was $2.6 billion, up from $2.49 billion a year earlier.

Analysts surveyed by FactSet expected $2.62 billion.

Yum China ( YUMC ) plans to return $3 billion to shareholders in 2025 through 2026, adding to the $1.5 billion it delivered to shareholders in 2024.

The firm targets about 1,600 to 1,800 net new stores and capital expenditures of about $700 million to $800 million during fiscal 2025.

Shares of the company traded 2.2% higher in premarket activity.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Osisko Development Preparing to Start Initial Mineral Extraction from Cariboo Gold Project in Canada
Osisko Development Preparing to Start Initial Mineral Extraction from Cariboo Gold Project in Canada
Dec 13, 2024
10:43 AM EST, 12/13/2024 (MT Newswires) -- Osisko Development ( ODV ) said Friday preparations are in their final stages to extract around 10,000 metric tons of mineralized material from its wholly owned Cariboo Gold Project in British Columbia. The company said it dug through nearly 1,200 meters to access the target area, with the remaining blasting and extraction expected...
Why Inovio Pharmaceuticals (INO) Stock Is Down 40%
Why Inovio Pharmaceuticals (INO) Stock Is Down 40%
Dec 13, 2024
Inovio Pharmaceuticals Inc ( INO ) shares are trading lower by 40% to $2.23 during Friday’s session after the company priced a public offering of 10 million shares of common stock and accompanying warrants. The shares are priced at $3.00 each, with warrants exercisable at $3.76 per share, potentially raising $30 million in gross proceeds before expenses and commissions. The...
Papa John's Transaction Growth Revival Efforts to Pay Dividends in 2025, Wedbush Says
Papa John's Transaction Growth Revival Efforts to Pay Dividends in 2025, Wedbush Says
Dec 13, 2024
10:42 AM EST, 12/13/2024 (MT Newswires) -- Papa John's International's (PZZA) strategy to revive transaction growth is expected to pay off next year, with the pizza restaurant operator's realistic short- and medium-term goals, Wedbush Securities said in a Friday client note. The company held an investor and analyst meeting on Thursday. Management highlighted menu pricing above inflation and a negative...
Prime Medicine Files for Resale of 11 Million Shares
Prime Medicine Files for Resale of 11 Million Shares
Dec 13, 2024
10:38 AM EST, 12/13/2024 (MT Newswires) -- Prime Medicine ( PRME ) filed a registration statement Friday for the resale by a selling stockholder of about 11 million shares of its common stock from time to time. The company said it will not receive any proceeds from the sale of the shares. Shares of Prime Medicine ( PRME ) fell...
Copyright 2023-2026 - www.financetom.com All Rights Reserved