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Yum! Brands, Inc. Message Board

  • farid_rashad@ymail.com farid_rashad Feb 6, 2013 11:48 AM Flag

    YUM expects restaurant margins in China to decline to the mid-teens range in 2013,

    down from 18.1% for 2012. The decline is being attributed to traffic
    trends and not an increase in food, labor, or other restaurant expenses. YUM
    continues to expect mid-teen labor and 3% commodity inflation in China during
    2013 but is launching a comprehensive quality assurance program with its chicken
    suppliers following the Chinese New Year in February.

 
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