22 September 2018

Yum Brands Oct China same-store sales down 5%, filing says

Yum Brands Inc., which operates the KFC and Pizza Hut restaurant chains, saw a 5 percent decline in same-store sales in October in its China division, improving from the 11 percent fall recorded in the previous month, according to a regulatory filing in the US. Same-store sales from KFC brand fell 7 percent while that of Pizza Hut saw a 10 percent increase, the filing showed. The milder decline in overall same-store sales in China suggests that business has been improving in the country after the earlier adverse impact from food supply chain scandals last year and the bird flu outbreak earlier this year, China Business News noted in a report Thursday.

– Contact HKEJ at [email protected]



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