20-04-2016 22:33 via news.yahoo.com

Yum sales at China restaurants rise 6 percent in first quarter

Yum Brands Inc's sales at established restaurants in China accelerated faster than Wall Street expected in the first quarter as the company pursues a spinoff of that business, its top profit-driver. Sales at China restaurants open at least one year rose 6 percent in the first quarter, Yum said on Wednesday, as it reported first-quarter results. Sales had risen 2 percent for both the third and fourth quarters of last year, and analysts polled by research firm Consensus Metrix had expected Yum to
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