Los Angeles: Yum Brands Inc, the biggest foreign fast-food chain operator in China, is in danger of breaking its 11-year streak of double-digit profit growth as it scrambles to deal with food scares and bird flu in its most lucrative market.
The US-listed firm, the world's largest restaurant company by number of outlets, said in a filing that the latest deadly avian flu outbreak would have a “significant, negative impact” on sales at KFC stores in China in April.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
