date:Jul 31, 2014
A television expose showing improper meat handling by one of its Chinese suppliers caused significant, negative damage to sales at its KFC and Pizza Hut restaurants over the past 10 days, Yum Brands Inc said on Wednesday.
If the significant sales impact is sustained, it will have a material effect on full-year earnings per share, Yum said in a regulatory filing.
Shares in Yum, which counts China as its No. 1 market, tumbled 6.2 percent in extended trading, down $4.50 to $68.50.
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