B · Normal
[UOB Kay Hian: Yum China's same-store sales in the third quarter were lower than expected, but operating profits were better than expected] On November 4th, UOB Kay Hian issued a research report saying that Yum China's same-store sales in the third quarter of 2026 fell 3% year-on-year and fell short of market expectations. However, adjusted operating profits were better than expected. The bank raised its 2026 profit forecast by 2% and maintained its 2027 forecast unchanged. It reiterated its "buy" rating and maintained its target price at HK$513.7.
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