ABU DHABI / WAM The Ministry of Energy and Infrastructure (MoEI) organised the third edition …
Read More »Yum China sales miss the bus as Pizza Hut lags
Bloomberg A new mobile app and marketing push weren’t enough to energise sales at Yum China Holdings Inc.’s Pizza Hut in the latest quarter. Systemwide, same-store sales missed analysts’ estimates, rising 3 percent compared with a projection for 3.3 percent growth. The disappointing results sent the company’s shares down as much as 10 percent in late trading in New York. …
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