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Yum China (YUMC) is the largest fast-food restaurant company incorporated in the United States and having joint headquarters in Shanghai and Plano, Texas. Yum China represents third largest employment force in the world. With a team of 420,000 employees, the company operates in more than 7,600 restaurants in over 1,100 cities. Yum China gained $6.8 billion USD of revenue in 2016. The company's divisions include KFC, Taco Bell, Pizza Hut, Little Sheep and East Dawning. Included on the Fortune 500 list, the Yum China share price (YUMC) is set and traded on the New York Stock Exchange (NYSE).
The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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