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Yum China Holdings' (YUMC) CEO Micky Pant on Q2 2017 Results - Earnings Call Transcript

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Yum China (NYSE:YUMC) Q2 2017 Results Earnings Conference Call July 5, 2017 8:00 PM ET


Christie Ju - VP, Finance and IR

Micky Pant - CEO

Joey Wat - President and COO

Jacky Lo - Interim CFO, VP, Controller and Principal Accounting Officer


John Glass - Morgan Stanley

Christine Peng - UBS

Sara Senatore - Bernstein

Michelle Chang - Goldman Sachs

Matt McGinley - Evercore ISI

Anne Ling - Deutsche Bank

Brian Bittner - Oppenheimer


Ladies and gentlemen, thank you for standing by, and welcome to the Yum China 2017 Second Quarter Earnings Conference Call. At this time all participants are in a listen-only mode. There will be a presentation followed by a question-and-answer session. [Operator Instructions] I must advise that this conference is being recorded today, Thursday, the 6th of July 2017.

I would now like to hand the conference over to your first speaker today, Ms. Christie Ju, VP of Finance and Head of Investor Relations at Yum China. Thank you. Please go ahead Christie.

Christie Ju

Thank you, Joan. Good morning and good evening everyone. Welcome to Yum China's second quarter 2017 earnings call. Please note a PowerPoint presentation and a live broadcast of this call are available through our IR website under the Events & Presentations section.

Joining me today are our CEO Micky Pant; President and COO Joey Wat; and Interim CFO, Jacky Lo. We will start with opening remarks from Micky, Joey, and Jacky, and then open the floor for Q&A.

Please note that our earnings call and investor presentation contains forward-looking statements which are subject to future events and uncertainties. Our actual results may differ materially from these forward-looking statements and all forward-looking statements should be considered in conjunction with the cautionary statement in our earnings release and the risk factors

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