date:Feb 06, 2013
Chinese government food regulators are investigating.
The negative trend at KFC accelerated during the final two weeks of December, when negative publicity turned sales sharply negative, the company admitted, and it expects the problems will persist well into the new year, leading to a mid-single-digit decline in earnings per share in 2013.
Due to continued negative same-store sales and our assumption that it will take time to recover consumer confidence, we no longer expect to achieve EPS gro