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Yum! Continues Climb on Better-Than-Expected Sales in China
Tuesday, March 12, 2013 - 12:07pm | 549On Monday, Benzinga reported Yum!'s (NYSE: YUM) after-hours spike of over seven percent. The spike was due to word of better-than-expected February sales in China. For the first quarter, same-store sales were down 20 percent. This was largely impacted by a steep decline in KFC sales, as the brand...