Yum! Brands' China Problem
Yum! Brands is the parent company of KFC, Pizza Hut, and Taco Bell. Second-quarter profits fell 16% as KFC's same-store sales in China fell 20%. Problems with KFC's poultry supply in late 2012 led to an avian flu scare that continues to haunt Yum! Brands. Motley Fool analyst Isaac Pino discusses the results and shares why he thinks investors should continue to sit on the sidelines to see if Yum! truly has the problem under control.
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The article Yum! Brands' China Problem originally appeared on Fool.com.
Chris Hill has no position in any stocks mentioned. Isaac Pino, CPA, has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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