Yum! (YUM) Lowers China Division Q4 Comps Outlook; Adjusts FY12 EPS Outlook

January 7, 2013 4:54 PM EST
Get Alerts YUM Hot Sheet
Trade YUM Now!
Join SI Premium – FREE
Due to adverse publicity associated with a government review of China poultry supply - and the corresponding significant impact on KFC China sales during the last two weeks of December - Yum! Brands (NYSE: YUM) now expects China Division same-store sales to be -6% for the fourth quarter of 2012, versus our previous forecast of -4%. The Company expects full-year 2012 earnings per share, excluding Special Items, of approximately $3.24. We do not anticipate providing any further updates or commentary until our scheduled earnings release on February 4, 2013.

The Street is looking for FY12 EPS of $3.26.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In

Related Categories

Guidance, Hot Guidance

Related Entities


Add Your Comment