Home>Topics>>UPDATE 3-Yum CEO says time, not cash, to cure China sales drop
UPDATE 3-Yum CEO says time, not cash, to cure China sales drop
Reuters: Financial Services and Real Estate
Tue, 5 Feb 2013
Feb 5 (Reuters) - KFC parent Yum Brands Inc on Tuesday said time, not ad spending, is the cure for a steep sales decline at its restaurants in China that was sparked by a food safety scare late last...
Yum's second-quarter results show that emerging markets could be the big story for the firm in the coming years according to Morningstar's R.J. Hottovy.