Yum struggles in China a year after KFC crisis began, WSJ reports As China head for Yum Brands, Sam Su built its KFC unit into the biggest foreign restaurant chain in the world's most populous market. But that is under threat from a persistent public backlash over the reported use of growth hormones and antibiotics by two KFC chicken suppliers, reports the Wall Street Journal. The backlash is expected to push Yum's China annual same-store sales down for the first time at least since Yum started breaking out China in financial reports in 2005. Reference Link
Yum! Brands authorizes up to $1B in share repurchases Yum! Brands board authorized the company to repurchase up to $1B in additional shares of common stock. The $1B in additional share repurchases of the company’s outstanding common stock is authorized through May 31, 2016.