www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Companies

Yum tops profit estimates after Taco Bell, KFC sales increase

(Agencies) Updated: 2016-02-05 08:14

Yum tops profit estimates after Taco Bell, KFC sales increase

A boy plays at a KFC restaurant in Nantong, Jiangsu province. Yum Brands Inc, owner of KFC and Pizza Hut chains, gets more than half of its revenue from China. [Photo/China Daily]

Yum Brands Inc, which is preparing to spin off its Chinese operations this year, reported fourth-quarter earnings that topped estimates, helped by sales increases at its Taco Bell and KFC chains.

Excluding some items, profit was 68 cents a share in the period, the Louisville, Kentucky-based company said in a statement on Wednesday. Analysts had projected 66 cents, the average of estimates compiled by Bloomberg. Same-store sales gained 4 percent at Taco Bell and 3 percent at KFC.

The results bring some momentum to a fast-food company that will soon be relying more heavily on domestic sales. Yum said in October it would spin off its China business, in part to focus on reviving growth of its US locations. Still, total revenue was lower than projected, hurt by slow growth at its Pizza Hut chain.

The stock, which rose 0.3 percent last year, declined 1.4 percent to $71.40 in late trading.

Taco Bell, which is concentrated in the United States, has had success recently with its mobile-phone application, which allows customers to pay and order ahead.

The chain also is trying out delivery service and introducing new fare, including Fritos tacos, to the US this year.

Yum's Pizza Hut division, meanwhile, is trying to appeal to value-conscious diners with its $5 menu. Its same-store sales inched up just 1 percent last quarter, missing the 1.5 percent gain that analysts had estimated.

Overall revenue fell about 1 percent to $3.95 billion, compared with the average analyst prediction of $4.03 billion.

The company reiterated its guidance for 10 percent operating profit growth this year.

The company has decided to separate its China unit from the rest of its operations. The spinoff will make the Chinese business a franchisee of Yum in the country.

Yum gets more than 50 percent of its revenue from China.

The company also said on Wednesday that Corporate Controller David Russell will serve as interim chief financial officer until a permanent replacement is named. Yum previously announced that Patrick Grismer is stepping down as CFO on Feb 19.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 26uuu影院亚洲欧美综合 | 欧美成人毛片免费网站 | 黄色三级三级三级免费看 | 日本精品一区二区三区在线视频 | 一级女性全黄久久生活片免费 | 久久久综合视频 | 97影院理论片 | 美女黄色在线 | 91视频国产91久久久 | 99re伊人| 99九九精品免费视频观看 | 久久久久久久岛国免费观看 | 亚洲国产国产综合一区首页 | 精品免费国产一区二区三区 | 久久精品国产国产 | 久久精品一区二区影院 | 日本一级特黄啪啪片 | 久久99综合国产精品亚洲首页 | 国产手机看片 | 久草中文在线 | 亚洲天堂一区二区 | 亚洲国产成人在线观看 | 欧美成人免费夜夜黄啪啪 | 国产精品久久久久精 | 久久爱wwwww| 国产精自产拍久久久久久蜜 | 成人一区视频 | 久久99国产精一区二区三区! | 免费一区二区三区视频狠狠 | 久久91精品国产一区二区 | 在线观看视频亚洲 | 国产精品黄在线观看免费 | 成人毛片免费在线观看 | 99er精品 | 国产综合精品一区二区 | 国产性大片黄在线观看在线放 | 成人性视频在线三级 | 一本久久a久久精品亚洲 | 国产一区二区三区欧美精品 | 女初高中福利视频在线观看 | 日韩一区二区三区在线观看 |