Investors looking for stocks in the Retail - Restaurants sector might want to consider either Yum China Holdings (YUMC) or Chipotle Mexican Grill (CMG). But which of these two companies is the best option for those looking for undervalued stocks?
The company's third-quarter performance inspired one analyst to upgrade his recommendation on the shares.
Yum China (YUMC) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
YUMC's third-quarter performance reflects strong contributions from net new unit growth, delivery sales and digital orders.
Profits are flying higher and flowing back to shareholders.
Yum China Holdings, Inc. (NYSE:YUMC ) Q3 2024 Earnings Conference Call November 4, 2024 7:00 AM ET Company Participants Florence Lip - Senior Director of Investor Relations Joey Wat - Chief Executive Officer Adrian Ding - Acting Chief Financial Officer Conference Call Participants Xiaopo Wei - Citigroup Lillian Lou - Morgan Stanley Ethan Wang - CLSA Michelle Cheng - Goldman Sachs Sijie Lin - CICC Anne Ling - Jefferies Walter Woo - CMBI Linda Huang - Macquarie Operator Thank you for standing by, and welcome to the Yum China Third Quarter 2024 Earnings Conference Call. All participants are in listen-only mode.
Although the revenue and EPS for Yum China (YUMC) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Yum China Holdings (YUMC) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.59 per share a year ago.
Yum China Holdings, Inc. YUMC — the parent company of KFC, Pizza Hut, and Taco Bell — will release earnings results for its third quarter, before the opening bell on Monday, Nov. 4.
YUMC's third-quarter 2024 results are likely to reflect benefits from increased net new units and strategies undertaken to improve operational efficiencies.
Yum China is facing intensifying competition in a challenging macro environment. Its ambitious plans for expansion could lead to meaningful growth if it can adapt to the changing landscape. At current valuations, the stock doesn't offer a large enough margin of safety. I therefore rate it a 'hold' and wait patiently for a larger pullback.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Yum China (YUMC), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.