The Business Times
business-time-50

Yum Brands swings to a loss in Q4; China sales fall 16%

Published Thu, Feb 5, 2015 · 09:50 PM

New York

Yum Brands Inc, owner of the Pizza Hut and KFC fast-food chains, posted fourth-quarter revenue that beat analysts' estimates. Sales in China slid less than expected.

Sales fell 4.4 per cent to about US$4 billion, the Louisville, Kentucky-based company said in a statement on Wednesday. The average of 15 analysts' estimates compiled by Bloomberg was US$3.94 billion.

TRENDING NOW

Buying a new EC unit can be a cost-effective way to get into private homeownership.

Can a first-time homebuyer couple earning S$18,000 a month afford a new EC unit?

From left: Pham Nhat Quan Anh, Pham Nhat Vuong, Pham Thu Huong and Pham Nhat Minh Hoang. The couple (centre) remain senior figures in Vingroup, with their children’s presence in the ecosystem growing.

He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons

The Golden Violet oil tanker docked at a PT Pertamina facility in Tanjung Priok Port in Jakarta, Indonesia. Asia’s new energy security architecture should have a support mechanism to help Asian countries build emergency oil reserves through financing and technical assistance.

Asia needs new energy security architecture

Chagee's flagship store at VivoCity. The milk-tea brand is pivoting away from a franchise-heavy structure towards greater direct ownership.

Chagee, Mixue and Luckin won the market. Sustaining their edge is the harder part

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More