Yum says China chicken suppliers dropped before probe announced
LOS ANGELES (Reuters) – KFC parent Yum Brands Inc said it had stopped using chicken from suppliers in China that are now under a government investigation before the review was even announced and analysts said they expect the company to recover from the business hit in its biggest market. Yum, which gets more than half of its overall revenue and operating profit from China, on Monday warned that bad publicity from a Chinese government food safety review of chicken suppliers hit its sales in China harder than expected in the latest quarter. . . .
View full post on Health News Headlines – Yahoo! News
Leave a Reply