Oct 5 Yum Brands Inc, which will spin
off its China restaurants on Oct. 31, on Wednesday reported an
unexpected decline in sales at established restaurants in that
country during the latest quarter.
The owner of the KFC, Pizza Hut and Taco Bell brands said
sales at Yum China restaurants open at least one year were down
1 percent during the fiscal third quarter. Analysts polled by
research firm Consensus Metrix had expected a 4.1 percent sales
gain for the China unit, which is Yum's top profit driver.
(Reporting by Lisa Baertlein in Los Angeles; Editing by Richard