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Sales of KFC owner Yum Brands in China continue to disappoint

  • Sales of American fast food firm Yum Brands have fallen for the fourth straight quarter as its business in China continues to take a hit.

    The company owns major brands such as KFC and Pizza Hut.

    Sales at its China same-stores dropped by 10%, which was steeper than expected.

    Its global revenues dropped 3% to $3.1 billion in the three months ending June 13.

    A tainted meat scandal in China and customers’ changing preference for healthier alternatives have affected Yum sales.

    Tagged as: American fast food firm, Yum Brands, Yum China business, KFC, Pizza Hut, tainted meat scandal, Yum sales, business news