久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

US EUROPE AFRICA ASIA 中文
Business / Companies

Yum and McDonald's profits drop after supplier scandal

By Hao Yan (chinadaily.com.cn) Updated: 2015-02-05 14:54

Related stories: Despite sales slump, fast food moves ahead in China by Lian Zi, China Daily

Yum and McDonald's profits drop after supplier scandal

A customer visits a KFC chain in Jinan, Shandong province. Photo /Xinhua]

US-based fast-food chain giants may have watched sales slow in China since a food safety scandal in July, but that hasn't slowed their expansion plans there.

McDonald's Corp saw its same store sales in the Asia/Pacific, Middle East and Africa (APMEA) fall 2.2 percent in November, due to the ongoing fallout from a meat supplier problem in China.

China's same-store sales this year would be negative in the mid-single-digit range, impacted by adverse publicity in July, the company said.

"Sales continue to recover, but at a slower pace than expected," according to the statement.

The scandal began when Chinese television showed that Shanghai Husi, a supplier of Yum and McDonald's and others in China, was selling meat products past their expiration date.

Despite slumping sales, Yum said it hasn't given up on its expansion in China and announced it would open 700 new stores in China next year.

Yum's incoming CEO, Greg Creed, said, "We are firmly committed to returning to double-digit EPS growth in 2015, delivering at least 10 percent growth with the potential to do significantly better. We fully expect to bounce-back in China and benefit from tremendous sales leverage as sales rebound.

"We have solid plans to drive same-store sales growth and margin improvement in China, while continuing to open new restaurants with confidence in the world's fastest-growing economy."

Yum also expects to see 15 percent operating profit growth in its China division next year, according to its 2015 Overall Guidance.

Reuters reports that KFC has invited Chinese diners concerned about food safety issues to come see for themselves how they operate. Customers can book a visit on the official website KFC.cn.

"How is KFC's food prepared? Is the chicken safe? Are the restaurants hygienic?" reads KFC placemats.

"You can see our chicken farms yourself, and unravel the mysteries of KFC restaurants on the spot. You decide whether or not our food is safe," it says.

Yum will further share its strategies and global expansion outlook at its annual investor meeting on Thursday in New York.

KFC was the first quick-service restaurant chain to enter China in 1987. Today it has about 4,600 restaurants in nearly 1,000 cities there.

"We think China is the best restaurant opportunity of the 21st Century, with a consuming class that is expected to double from 300 million to more than 600 million people by 2020," the company said.

"There is no arguing with the strength of the KFC brand in China," said Zheng Yuhuang, a marketing professor at Tsinghua University and a member of?the Association for Consumer Research. "Its business in China is even more successful than that in US, as it offers lots of products that appeal to local Chinese customers' taste preferences."

"The company quickly published an open letter to customers on KFC's official website and changed its supplier right away in July," said Zheng, who still sees a huge potential for KFC to expand in China and win back Chinese consumers.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 日本三级成人午夜视频网 | 国产区香蕉精品系列在线观看不卡 | 一级特黄a免费大片 | 2级毛片| 亚洲视频免费观看 | 成年性午夜免费视频网站不卡 | 草草影院www色欧美极品 | 欧美日韩精品一区二区三区不卡 | 久久久久一区二区三区 | 成人网18免费软件大全 | 黄色一级网址 | 91成人在线播放 | 性欧美成人依依影院 | 免费播放欧美毛片欧美a | 久久久久久久国产 | 日本免费毛片在线高清看 | 国产免费一区二区三区 | 成人午夜网站 | 久久久免费精品 | 国产精品成人久久久 | 国产在线视频一区 | 免费高清一级欧美片在线观看 | 精品国产日韩亚洲一区在线 | 欧美xxxwww | 一级毛片免费观看不卡视频 | 日韩一级大片 | 精品videosex性欧美 | 午夜久久久久久久 | 欧美国产精品亚洲精品第一区 | 亚洲欧美日本人成在线观看 | 高清日本无a区 | 中文字幕日韩欧美一区二区三区 | 亚洲欧洲日产国码二区在线 | 久久最新视频 | 免费老外的毛片清高 | 亚洲精品自产拍在线观看 | 国产一区二区播放 | 制服丝袜怡红院 | 国产成人精品免费视频大全五级 | 久久国产片 | 亚洲特一级毛片 |