Yum China sales recovering from food safety, bird flu concerns
KFC parent Yum Brands has reported a smaller than expected decline in June sales at established restaurants in China, showing signs of recovery after sales were drastically hit by a food safety scare and a bird flu outbreak.
The company posted an estimated 10 per cent drop in June sales - a smaller decline than in May when sales began to moderate. June results from China, the company’s most important business unit, will be recorded in the current third quarter.
via Business feed http://www.scmp.com/business/companies/article/1280197/yum-china-sales-recovering-food-safety-bird-flu-concerns