Yum 3Q same-store sales fall 14% in China

Yum 3Q same-store sales fall 14% in China

Supplier food safety scandal impacted results in the country

A same-store sales decline of 14 percent in Yum! Brands Inc.’s China division negatively impacted earnings for the Sept. 6-ended third quarter, the company said Tuesday.

The Louisville, Ky.-based parent of KFC, Pizza Hut and Taco Bell said systemwide sales in its China division fell 9 percent in the wake of a July 20 televised undercover report on the improper food handling practices of supplier Shanghai Husi. Yum ended its relationship with Shanghai Husi, as well as it

Register to view the full article

Register to view this article

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.