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BRIEF-Yum China Holdings Q3 earnings per share $0.53
October 5, 2017 / 8:40 PM / 2 months ago

BRIEF-Yum China Holdings Q3 earnings per share $0.53

Oct 5 (Reuters) - Yum China Holdings Inc

* Yum China reports 6% same-store sales growth and 10% system sales growth; operating profit up 11% YOY; board declares initial dividend and expands share repurchase authorization

* Q3 same store sales rose 6 percent

* Q3 earnings per share $0.53

* Quarterly revenue $2.0 billion

* Q3 earnings per share view $0.56 -- Thomson Reuters I/B/E/S

* Increased Yum China’s existing share repurchase authorization from $300 million to an aggregate of $550 million​

* Declared an initial cash dividend of $0.10 per share on Yum China’s common stock​

* On track to achieve development target of 550-600 new stores in the year​

* Foreign exchange negatively impacted reported operating profit by $5 million​ in quarter

* Q3 revenue view $1.98 billion -- Thomson Reuters I/B/E/S

* Qtrly ‍diluted EPS before special items $0.52​

* Qtrly total revenue $2.04 ‍​billion versus $1.88 billion last year Source text for Eikon: Further company coverage:

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