Oppenheimer Lowers Yum! Brands (YUM) Profit and Growth Forecast
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Jefferies Cuts Numbers on Yum! Brands (YUM) Following China Sales Warning
January 8, 2013 11:47 AM ESTJefferies cut its price target on Hold-rated Yum! Brands (NYSE: YUM) from $70 to $68 following news that the lowered 4Q China SSS to -6% from -4%.
"Think momentum will be tough to regain, esp. with 1H13 already facing difficult compares, and expect NT multiple... 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
