date:Oct 18, 2012
Third Quarter Financial Performance
Organic net revenue growth was 5 percent. Reported net revenue benefited from 1 percentage point of volume growth and 4 percentage points of effective net pricing, offset by negative foreign exchange translation of 5 percentage points. Structural changes, primarily refranchisings in China and Mexico, negatively impacted reported net srevenue performance by 5 percentage points.
Reported operating profit declined 4 percent and core operating