Yum! Brands' Q3 profit drop as China sales drop
date:Oct 10, 2013
cluding a 14% drop at KFC and 5% growth at Pizza Hut.

According to the company, sales from China accounts for more than half of Yum! Brands total revenue; however, this has been impacted by a slowing economy and a food-safety scare.

During the third quarter, the Louisville, Kentucky-based company opened 364 new outlets.

The chain's international system sales grew 1%, including 5% growth at Yum! Restaurants International (YRI). System sales declined 2% in China and were flat in the US.

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08/03 14:30