Flying past avian flu
(Continued from page 2) Novak said Yum’s confidence for a recovery by the end of 2013 in China stems from its experience with prior avian-flu scares, like the last one that occurred in 2005. The impact of that situation was “dramatic” in the short term but lasted for about three months, which is about the same time frame Yum expects for the current situation. Grismer agreed, citing same-store sales in China coming back in February and March to levels Yum had ...
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