Yum! Brands' Q3 profit drop as China sales drop
date:Oct 10, 2013
Yum! Brands, the operator of Taco Bell, KFC, Pizza Hut, and WingStreet restaurants worldwide, posted a drop in profit for the third quarter as its business in China continues to be affected by the December poultry supply incident.


The chain's revenues for the third quarter ended 7 September 2013, dropped 3%, to $3.47bn from $3.57bn last year. Company's third-quarter profit plunged to $152m.

Third-quarter same-store sales, or sales from stores open for at least a year, fell by 11% in China, in
1/4 next page prev page home page last page
go back |  refresh |  WAP home |  Web page version  | login
08/03 03:08