July 16 KFC parent Yum Brands Inc on
Wednesday said second-quarter sales at established restaurants
in China, its No. 1 market, jumped 15 percent as it recovers
from an avian flu outbreak and a food safety scare that slashed
demand for chicken last year.
Yum's restaurant sales in China included a 21 percent
increase at KFC and flat results at Pizza Hut Casual Dining.
Analysts polled by Consensus Metrix were expecting Yum's
China sales to climb 11.4 percent for the second quarter.
Those sales tumbled 20 percent in the second quarter last
Shares of Yum, which gets more than half of its sales from
China, slid 0.8 percent to $82.05 in extended-hours trading.
(Reporting by Lisa Baertlein in Los Angeles; Editing by Jan