date:Feb 06, 2013
's sharpened focus on its food quality.
Other analysts were less convinced.
While the enhanced disclosure is appreciated, Yum outlined no clear fix for China restaurant sales and is instead relying on a time heals all wounds mantra, Oppenheimer Equity Research analyst Brian Bittner said in a client note.
This is a 'prove it' story, he said.
Yum's shares ended regular trading on Tuesday at $62.08, down $1.86, or 2.9 percent.