Yum’s 29% Sales Collapse in China Goes Beyond Avian Flu

Read More, Bloomberg

The Bird Flu Effect: Yum! China’s same store sales dropped 29%

From Fox Business:

Yum Brands Inc. (YUM), the parent company of Taco Bell, Pizza Hut and KFC, said its sales fell 29% at established restaurants in China last month, as a bird-flu scare hit its already suffering KFC business.

Yum China’s SSSG down 20% on bird flu

From China.org.cn:

Same-store sales in China dropped 20 percent from a year ago to US$1.15 billion, after the government stepped up investigation into poultry product safety violations among its chicken suppliers, the company, which owns KFC, Pizza Hut and Taco Bell, said in a statement yesterday.

CHINA: BEFORE THE OPEN, 11Apr2013