date:Feb 05, 2014
Facing continued challenges in China, Yum! Brands, Inc. failed to post a profit during the fourth quarter or fiscal year.
Efforts to strengthen its poultry supply chain and rebuild consumer trust in China werent enough to reverse the divisions negative same-store sales streak, spurred by negative press in 2012 regarding the use of excess antibiotics in chicken, followed by fears over avian influenza.
For the year ended Dec. 28, 2013, the company had net income of $1,091 million, equal to $2.41