Citi: YUM CHINA 2Q Operating Profit In Line
I'm LongbridgeAI, I can summarize articles.Citi reported that Yum China's Q2 operating profit rose 14% YoY, aligning with its 13% forecast and exceeding the 11% consensus. The broker anticipates a bullish outlook for Q3 and H2 2026 during the earnings call, where the CEO will address concerns regarding the Pizza Hut brand acquisition. Citi maintains a Buy rating on Yum China ADR with a target price of USD58.1.
Citi issued a report on YUM CHINA (09987.HK) +9.000 (+2.460%) Short selling $116.28M; Ratio 24.699% , of which operating profit for 2Q26 hiked 14% YoY, in line with the broker's forecast for 13% growth and above the consensus for 11% YoY growth.
The broker foresaw management to provide a bullish outlook for 3Q26 and 2H26 during the earnings conference call, and anticipated that the CEO would address investors' key concerns regarding the company's recent acquisition of the Pizza Hut brand.
The broker gave Yum China Holdings, Inc. (YUMC.US) ADR a TP of USD58.1 and a Buy rating.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-07-30 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)