Yum China’s Q4 profit, sales rise, but company warns of ‘headwinds’ with COVID-19 resurgence
February 03, 2021 at 16:57 PM EST
Yum China Holdings Inc. stock rise in the extended session Wednesday after the operator of KFC, Pizza Hut and other fast-food brands in China beat fourth-quarter expectations and warned it sees "significant headwinds" in the first quarter due to a COVID-19 resurgence in certain regions of China.