Tuesday, 7 October 2014

KFC owner Yum cuts profit outlook on China food scare



Yum Brands, the US owner of fast food chains KFC and Pizza Hut, cut its full-year profit forecast after a second food scare hurt its sales in China. The firm now expects earnings per share to increase up to 10% this year, compared to its previous projection for growth of at least 20%. via Pocket http://ift.tt/1y3JhhM

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