Yum! Brands Inc. ended a tumultuous fiscal 2013 with a 13-percent decline in full-year same-store sales in its important China division. The drop contributed heavily to a 32-percent slide in net income to $1.09 billion, or $2.36 per share. In addition to the 15-percent decrease in same-store sales for the year at KFC in China, where fears about avian flu and the quality of that nation’s poultry supply decimated the chain’s momentum, Louisville, Ky.-based Yum also recorded ...

Register to view this article

It’s free but we need to know a little about you to continually improve our content.

Why Register?

Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.


Attention Print Subscribers:  While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!

Questions about your account or how to access content? 

Contact: Brian Galletta (813) 627-6722 Brian.galletta@penton.com or Erica Namtalov (212) 204-4361 Erica.Namtalov@penton.com 

Already registered? here.