US Stock Market Move | Yum China (YUMC.US) rose nearly 3% in the second quarter, reversing the downward trend in same-store sales to achieve positive growth.

On Wednesday, YUM CHINA (YUMC.US) rose nearly 3% to $44.91. On the news front, in the second quarter, YUM CHINA's same store sales reversed the previous downward trend, achieving a positive growth of 1%. Same store transaction volume increased by 2% year-on-year, achieving year-on-year growth for the tenth consecutive quarter. YUM CHINA pointed out that these positive trends indicate that the company is not only expanding its scale by opening new stores, but more importantly, in the current context of China's consumer market becoming more rational and competitive, the operational efficiency of its existing stores and their attractiveness to customers continue to improve. In the second quarter, YUM CHINA's total revenue increased by 4% year-on-year to $2.787 billion; operating profit reached $304 million, a 14% increase year-on-year; operating profit margin increased to 10.9%, an increase of 1 percentage point year-on-year, benefiting from the increase in restaurant profit margins and the decrease in CKH HOLDINGS management expenses; net profit was $215 million, a 1% increase year-on-year. In the first half of the year, YUM CHINA achieved a 2% year-on-year increase in total revenue to $5.768 billion; net profit was $507 million, a 1% increase year-on-year.