Yum! Brands reports estimated 29% drop in April sales at its restaurants in China, where bird flu outbreak affecting sales that were already trying to recover from earlier food safety scare
May 10, 2013
(Industry Intelligence Inc.)
– Yum! Brands Inc reported an estimated 29% drop in April sales at its restaurants in China, where a bird flu outbreak is affecting sales that were already trying to recover from an earlier food safety scare, Thomson Reuters reported May 10.
Yum receives more than half of its overall sales in China, where most of its nearly 5,300 restaurants are KFCs.
The primary source of this article is Thomson Reuters, London, England, on May 10, 2013.