date:May 13, 2013
KFC parent Yum Brands Inc (YUM.N) reported on Friday an estimated 29 percent drop in April sales at established restaurants in China, where a bird flu outbreak is pummeling sales that were recovering from an earlier food safety scare.
The result from China, where the fast-food restaurant operator reaps more than half of its overall sales, was roughly in-line with expectations.
In late April, Yum said China sales could be down about 30 percent for the month. Five analysts polled by Consensus Me