Yum: China sales to recover slowly

Yum: China sales to recover slowly

Company sees bounce-back over next 6-9 months

Yum Brands Inc. expects its China-division sales to bounce back from a July food-supply scandal that led to a 14 percent drop in third-quarter same-store sales in that region, executives said Wednesday.

“While we’ve done everything we can to turn the situation around, what we need most right now is the gift of time,” said Yum chairman David C. Novak, speaking to analysts in his last quarter as the company’s chief executive before he steps down Jan. 1 to make way for his successo

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