Jefferies Cuts Numbers on Yum! Brands (YUM) Following China Sales Warning
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Oppenheimer Lowers Yum! Brands (YUM) Profit and Growth Forecast
January 14, 2013 10:36 AM ESTLast week Yum! Brands (NYSE: YUM) lowered guidance to reflect slower growth assumptions in China. The cut reduced Q4 comps projections to -6 percent from -4 percent previously. EPS was taken to $3.24. China represents 43 percent of Yum profits so the impact of potentially slower... More
Yum! (YUM) Lowers China Division Q4 Comps Outlook; Adjusts FY12 EPS Outlook
January 7, 2013 4:54 PM ESTDue 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%... More
