date:Feb 11, 2014
rating profit; worldwide profit declined 10 percent.
CEO David Novak reassured investors that continued progress is being made and that the company is confident it will deliver double-digit EPS growth in 2014 and the years ahead.
Novak emphasized that Yum! Brands had made significant process rebuilding customer trust in KFC China and made substantial gains in restaurant productivity across all brands, which includes opening 740 new restaurants across China.
The company suffered from lower