Yum Brands: China sales 'difficult' to forecast
Yum Brands Inc. updated its full-year guidance and China's same-store sales on Thursday, saying its sales in China are "difficult" to forecast thanks to "ongoing volatility." China's same-store sales could range from flat to 4% in the fourth quarter, with positive same-store sales growth at KFC and negative same-store sales at Pizza Hut, Yum said. For the full 2015, same-store sales in China are expected to be low-single-digit negative, and operating profit is expected to be about flat in relation to prior year, the restaurant chain said. Читать дальше...