date:Jul 17, 2014
Yum Brands Inc on Wednesday said its KFC business bounced back in China, its No. 1 market, but its stock fell more than 2 percent in extended-hours trading on disappointing quarterly results from its India, Taco Bell and Pizza Hut divisions.
Yum's sales at established restaurants in China increased 15 percent in the second quarter, including a 21 percent jump at KFC and flat results at Pizza Hut Casual Dining.
Analysts polled by Consensus Metrix had forecast that Yum's China sales would climb