date:Dec 03, 2013
Yum Brands Inc said November sales at established KFC restaurants in China, its top market, failed to grow despite a successful half-priced chicken promotion, and it forecast a return to earnings per share growth in 2014, Reuters report.
China accounts for more than half of Yum's operating profit. Its shares have risen 14 percent since the start of November on expectations that China's KFC restaurant sales are poised for a rebound.
The results released Monday put a chill on such hopes, send