Yum Brands reported a 12% decline in quarterly profits. As I expected, business in the U.S. stinks (same store sales down 2%) while business is international markets are going strong (same store sales up 6%).
India was really kicking butt — 30% same store sales increase.
If any of the stocks you own aren’t doing a significant amount of business in China, it is going to have a tough time showing any growth.
Related Posts
- Slowdown in China for Yum Brands (12/07/09)
- Strong profits at Yum Brands…thanks to China. (10/07/09)
- Thanks to China, Yum Brands profits rise (07/18/08)
- Yum Brands has big plans for India (12/22/09)
- Booming business in China for Yum Brands (02/05/09)
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