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Yum! Brands, Inc. Message Board

  • farid_rashad Feb 6, 2013 11:41 AM Flag

    Fitch says China food safety concerns could taint profits

    Late Monday, YUM confirmed its anticipated 6% decline in China SSS during the
    fourth quarter and guided for a 25% decline in China SSS for January and
    February combined. Based on the firm's internal intelligence, YUM expects SSS to
    gradually improve through the year and turn positive during the fourth quarter.
    The firm projects a mid-single digit decline in China SSS for the full 2013 year
    to result in a corresponding mid-single digit decline in earnings.

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