The company is set to open a record number of new restaurants in China and abroad during 2012
Officials for Yum! Brands Inc. acknowledged during its second-quarter earnings call with securities analysts that slower growth in China and lapping dramatic growth in that division from a year earlier would pressure results, but they cited the company’s investments there and around the world for Yum’s long-term optimism. “There’s no question that China’s economy is slowing and that sales for retailers like us will soften, especially as we overlap strong ...
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Contact: Desiree Torres Desiree.Torres@penton.com