Yum! Brands' Fourth-Quarter Results Show Chinese Demand Remains Strong; Shares Still Expensive
publication date: Feb 6, 2012
Yum! Brands, one of the best reads on the strength of the Chinese consumer given its presence there, posted impressive fourth-quarter same-store-sales growth in the region. Consolidated profits also expanded nicely during the period, and the company revealed positive comps in the US.
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