男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Companies

Bird flu concerns threaten Yum's sales

By Li Woke | China Daily | Updated: 2013-04-12 08:09

Yum Brands Inc, the owner of KFC and Pizza Hut restaurants, said sales in its largest overseas market will see a steep dive as a result of bird flu scares.

According to the Louisville, Kentucky-based fast food giant, its same-store sales in March declined an estimated 13 percent in China. This included an estimated decline of 16 percent at KFC and 4 percent growth at Pizza Hut in the country.

Bird flu concerns threaten Yum's sales

A KFC restaurant in Shanghai. According to the US-based fast food giant, its same-store sales in March declined an estimated 13 percent in China. Provided to China Daily

"Within the past week, publicity associated with avian flu in China has had a significant, negative impact on KFC sales," the world's largest restaurant company by number of outlets said in a filing to US Securities and Exchange Commission on Wednesday.

"Yum is having a difficult time, which will undermine its decade-long robust sales and profit growth in China," said Feng Enyuan, secretary-general of China Cuisine Association.

But Feng said the negative impact on Yum and its KFC stores will not last long as prevention and treatment measures improved.

"Based on past experience, as bird flu has already hit twice in the country, the negative impact on the catering industry would last around six months," said Bian Jiang, assistant director of China Cuisine Association.

But this was not the beginning of Yum's business decline in China.

In February, Yum said its fourth-quarter profits dipped 5 percent to $337 million in the three months to Dec 29. Its same-store sales in China declined 6 percent in the quarter, following media reports that excessive amounts of antibiotics had been used by some of KFC's former chicken suppliers in China.

China is Yum's most lucrative market. According to its third quarter report, China accounted for more than half of its overall revenue of $3.57 billion, and the country also generated around 40 percent of Yum's profit.

Since opening its first KFC branch on the Chinese mainland in 1987, Yum has nearly 5,000 restaurants in more than 800 Chinese cities.

"Historically in these situations, we have educated consumers that properly cooked chicken is perfectly safe to eat, and we will continue to do so," the fast-food giant said in the filing.

Bian suggested that Yum "promote some localized food options in order to get through this difficult period, such as fried shrimps or mushroom dishes".

Industry experts said some local restaurants are taking poultry dishes off the menu in response to the health scare, such as the famous baizhanji, sliced cold chicken, and kaoruge, roasted pigeon.

"Canceling chicken-related dishes is not a one-size-fits-all solution for the bird flu outbreak," said Feng. "I suggest restaurants try to introduce more dishes with seafood or vegetables."

 

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 白玉县| 鄂托克前旗| 河间市| 合肥市| 三门县| 黎平县| 万荣县| 株洲县| 前郭尔| 宣恩县| 葫芦岛市| 浏阳市| 祁阳县| 南宁市| 彭州市| 老河口市| 富蕴县| 呼玛县| 永德县| 博湖县| SHOW| 商南县| 阿坝| 翁牛特旗| 淮北市| 鹿邑县| 太康县| 同江市| 常熟市| 屏南县| 东辽县| 青浦区| 泰来县| 伊春市| 札达县| 镶黄旗| 高邑县| 盐池县| 墨脱县| 静安区| 司法|