date:Apr 24, 2014
nza. But the company pushed ahead with a new menu and marketing strategy aimed at refreshing the brand in China.
Business outside of China is growing. Novak said Russia and Africa delivered solid sales and profits as well as developed markets such as KFC in the UK and Australia. However, US results were disappointing.
While same-store sales rebounded in China, all three brands reported same-store sales declines in the US 3 percent at KFC, 5 percent at Pizza Hut and 1 percent at Taco Bell. No