Yum China Reports Fourth Quarter and Full Year 2020 Results
Fourth Quarter Total Revenues grew 11%. System Sales grew 5% in constant currency
Fourth Quarter Operating Profit grew to $180 million
Opened 1,165 new stores in 2020
SHANGHAI, Feb. 3, 2021 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC and HKEX: 9987) today reported unaudited results for the fourth quarter and year ended December 31, 2020.
Impact of COVID-19 Outbreak and Mitigation Efforts
Fourth quarter operations improved sequentially from the third quarter. The Company's primary focus continues to be safety, efficiency and sales recovery. To counter the pandemic impact, we ran strong value and digital campaigns to drive traffic. Delivery and t
