Yum! Brands Inc. reported a 1-percent increase in same-store sales in its struggling China division for the month of November, aided largely by an aggressive value promotion at KFC. Securities analysts characterized the company’s underlying comparable-sales trends in the crucial China segment as sluggish heading into December and the new year, yet Yum nonetheless predicted a “bounce back” in its earnings growth guidance for fiscal 2014 ahead of its annual Investor Day ...
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Contact: Desiree Torres Desiree.Torres@penton.com