Yum: China 3Q same-store sales will drop 13%

Yum: China 3Q same-store sales will drop 13%

Forecast based on continued bad publicity surrounding supplier meat scandal

Yum! Brands, Louisville, Ky., reported this week that it estimates third-quarter ended August 31 same-store sales for its China division to drop by about 13 percent compared with the same period last year.

“Since July 21st, Yum! Brands' China division has experienced a significant, negative impact to sales at both KFC and Pizza Hut, following adverse publicity regarding improper food handling practices by former supplier, Shanghai Husi, a division of OSI,” the company stated in

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