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KFC parent Yum says no bird flu hit to China sales

Started by riky, February 04, 2014, 09:00:19 AM

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riky

KFC parent Yum says no bird flu hit to China sales

<p><a href="http://news.yahoo.com/yum-says-no-china-national-sales-impact-bird-222423068--sector.html"><img src="http://l3.yimg.com/bt/api/res/1.2/t0pi0e3kYHuCJD5lGW_S3Q--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-02-03T222423Z_1_CBREA121Q9200_RTROPTP_2_YUM-CHINA-SALES.JPG" width="130" height="86" alt="A woman, wearing a mask, rides past a KFC restaurant in Shanghai" align="left" title="A woman, wearing a mask, rides past a KFC restaurant in Shanghai" border="0" /></a>KFC parent Yum Brands Inc on Monday reaffirmed its 2014 profit and said a resurgent bird flu in China had not hurt national sales in its top market. Shares of Yum jumped 4.7 percent to $69.26 in after-hours trading. Many analysts had worried that the recent return of bird flu, which helped hammer demand for chicken in China last year, would hit Yum's business hard. &quot;We're not seeing any impact on national sales from bird flu in China,&quot; Yum spokesman Jonathan Blum told Reuters.</p><br clear="all"/>

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