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News  ›  Benzinga

Delivery And Value Meals Drive Pizza Hut, KFC Revenue In China

Benzinga Logo Benzinga By Lekha Gupta
Delivery And Value Meals Drive Pizza Hut, KFC Revenue In China

Yum China Holdings reported strong Q3 earnings, with delivery sales increasing 32% year-over-year and digital sales reaching $2.8 billion. KFC and Pizza Hut saw system sales growth through value meals and delivery strategies.

Insights
ORCL   neutral

Partnering with Nvidia on a supercomputer project, but no specific performance details provided


YUMC   positive

Beat earnings estimates, increased total revenues by 4%, expanded operating margins, and plans significant store expansion and shareholder returns