-- 独立研究机构CFRA向提供了以下研究报告。CFRA分析师总结如下：YUMC公布2026年第一季度营收增长10%至32.7亿美元，与市场预期的32.3亿美元基本一致，其中系统销售额增长4%，同店销售额保持稳定。本季度门店扩张创历史新高，净增636家门店（其中39%为加盟店），门店总数达到18,737家，助力公司实现2026年底门店数量超过2万家的目标。我们认为，加盟店的快速扩张有助于提高资本效率，但由于价格差异和获客成本较高，在低线城市，加盟店的收益可能有限。管理层对实现2026年目标充满信心，并指出配送平台运营状况的改善以及公司对创新和效率的双重重视。核心营业利润率连续第八个季度增长20个基点至13.6%，其中必胜客增长110个基点，而肯德基则因外卖业务稀释了利润而下降20个基点。数字会员数量增长9%至2.7亿，增强了客户体验。百胜中国计划从2027年开始实现100%的年度自由现金流返还，这意味着每年返还金额将达到9亿至10亿美元以上。
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Market Chatter: Trump Meets Oil Executives at White House to Discuss Energy Market Impacts of Iran War
US President Donald Trump and a number of senior government officials met executives from the oil and gas industry at the White House on Tuesday to discuss the implications of the Iran war, Axios reported on Wednesday.Chevron (CVX) CEO Mike Wirth was among attendees, a company spokesperson confirmed to Axios.The discussion covered domestic production, Venezuela's oil sector, the oil futures market, natural gas and shipping, a White House official told Axios, but nothing is known about the conclusions of the talks, if any.While the US is relatively insulated from the supply shock that has mainly hit Asia since the Feb. 28 of the Iran war, higher gasoline prices in the US, amid growing competition for its hydrocarbons, risk repercussions for the administration.Axios said average gasoline prices were $4.18 per gallon on Tuesday, citing to the American Automobile Association. That is the highest level since 2022.With limited scope to lower prices, Axios said prolonged higher prices may result in demand destruction, basically less consumption, in the US, as has already been seen elsewhere.The White House did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
$CVX
Sectors
Sector Update: Financial
Financial stocks were advancing premarket Wednesday, with the State Street Financial Select Sector SPDR ETF (XLF) up 0.2%.The Direxion Daily Financial Bull 3X Shares (FAS) was 0.2% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 0.3%.UBS Group (UBS) shares were up more than 4% after the company posted higher Q1 earnings and revenue.
$UBS
Asia Markets
US Equity Futures Largely Flat Pre-Bell as Traders Await Tech Earnings, Fed Rate Decision
US equity futures were largely flat pre-bell Wednesday as traders anticipated the financial results from four of the "Magnificent Seven" and the Federal Reserve's latest policy announcement.Dow Jones Industrial Average futures were 0.1% lower, S&P 500 futures were down 0.1% and Nasdaq futures were 0.2% higher.Slated to report quarterly earnings after-market today are Alphabet (GOOG, GOOGL), Microsoft (MSFT), Amazon (AMZN), and Meta Platforms (META), among others.The Federal Open Market Committee is widely expected to maintain the target range for its federal funds rate at 3.50% to 3.75% at its meeting today. Federal Reserve Chairman Jerome Powell is due to leave his post before the next committee meeting in June but has said he will remain until his named replacement, Kevin Warsh, is confirmed.The committee's statement following the meeting is due for release at 2 pm ET, with Fed Chair Powell's press conference scheduled to begin at 2:30 pm ET.Oil prices were higher, with front-month global benchmark North Sea Brent crude up 3.8% at $108.34 per barrel and US West Texas Intermediate crude 4% higher at $103.93 per barrel.Durable goods new orders rose 0.8% in March after a 1.2% decrease in the prior month, compared with expectations for a 0.5% gain in a survey of analysts compiled by Bloomberg.Housing starts rose to an annual rate of 1.502 million in March, exceeding expectations for 1.38 million and above the 1.356 million pace in the prior month.The US advance international trade in goods deficit widened to $87.87 billion in March from $83.49 billion in the previous month, compared with expectations for $88 billion.In other world markets, Japan's Nikkei closed 1% lower, Hong Kong's Hang Seng ended 1.7% higher, and China's Shanghai Composite finished 0.7% higher. Meanwhile, the UK's FTSE 100 was down 1%, and Germany's DAX index was flat in Europe's early afternoon session.In equities, Seagate Technology (STX) shares were up 16% after the company posted fiscal Q3 non-GAAP earnings and revenue that beat analysts' estimates, in addition to issuing a better-than-expected fiscal Q4 outlook. NXP Semiconductors (NXPI) stock was up 21% after the company reported fiscal Q1 non-GAAP earnings and revenue that surpassed analysts' consensus and also setting higher-than-expected fiscal Q2 guidance. Visa (V) shares were up 5.7% after the company posted a fiscal Q2 adjusted earnings and revenue beat.On the losing side, Robinhood Markets (HOOD) shares dropped 12% after the company reported Q1 earnings and revenue that fell short of analysts' consensus. Booking (BKNG) and Deutsche Bank (DB) saw their stock decline 4.8% and 3.1%, respectively, despite posting higher Q1 adjusted earnings and revenue.
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