Wednesday, January 9, 2013

Investopedia: Yum! Brands Knocked Off Stride In China

For those investors who've been waiting for a pullback in perpetually expensive Yum! Brands (NYSE:YUM), here's your chance. Tougher consumer conditions in China, combined with a scandal related to excess antibiotics in chicken served by YUM's Chinese KFC stores, have led to a major slowdown in Chinese sales and taken the shares with them. Given that the impact of this scandal/scare will almost certainly be fleeting, this could be a rare opportunity to get shares at a more reasonable price.

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