Yum Brands' China problem
Profits fall as the company continues to deal with fallout from bird flu in the People's Republic.
Yum Brands (YUM) is the parent company of KFC, Pizza Hut and Taco Bell. Second-quarter profits fell 16% as KFC's same-store sales in China dropped 20%. Problems with KFC's poultry supply in late 2012 lead to an avian flu scare that continues to haunt Yum Brands.
Motley Fool analyst Isaac Pino discusses the results and shares why he thinks investors should continue to sit on the sidelines to see if Yum truly has the problem under control.
The Motley Fool's 12 top stocks for 2013 are now available! So if you're tired of picking stocks out of a hat and hoping that one skyrockets, check out Stocks 2013: The Investor's Guide to the Year Ahead. It's The Motley Fool's current top report, and includes Chief Investment Officer Andy Cross's TOP STOCK FOR 2013! This under-the-radar company is the secret winner in the war for the last precious drops of oil on the planet. Find out what it is and how you can take advantage of this unseen company's huge profits in this special, 100% FREE report, just click here now.
MSN Money on Twitter and Facebook
Copyright © 2014 Microsoft. All rights reserved.
These hot movers could rise by double digits in coming months.
VIDEO ON MSN MONEY
Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.
Contributors include professional investors and journalists affiliated with MSN Money.
Follow us on Twitter @topstocksmsn.