Net income at Yum! Brands Inc. fell 30 percent in the second quarter ended June 13, the company said on Tuesday, as the chain's weakness in China continued to offset strength elsewhere in the world.
The company said that net income in the period was $235 million, or 54 cents per share, down from $334 million, or 75 cents, in the same period a year before. Excluding special items, the company said that EPS fell 5 percent in the period.
But Yum CEO Greg Creed said that C