Yum's China restaurant sales drop less than expected

Same-restaurant sales in China, Yum's No. 1 market for revenue and profit, declined 12 percent for the latest quarter on continued fallout from allegations that a former supplier used expired meat. Analysts polled by Consensus Metrix had expected a drop of 14.4 percent. Yum China's same-restaurant sales fell 16 percent for the fourth quarter and were down 14 percent in the third quarter.

via Business News http://ift.tt/1bqMmQL