国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Companies

Yum and McDonald's profits drop after supplier scandal

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

Yum and McDonald's profits drop after supplier scandal

Chicken nuggets are sold at a McDonald's restaurant in Beijing on July 21, 2014.[Photo/China Daily]

Yum Brands Inc on Feb 4 reported a sales decline in established restaurants in China for the fourth-quarter of 2014, after the company's former supplier used expired meat and the so-called Fresh Soy Drink was found to be made with powder and water.

The company registered a 16 percent sales decline in its largest market for revenue and profit in the fourth quarter that ended Dec 27, according to agencies' reports.

Its restaurant sales in China fell in the third quarter after the supplier scandal broke on July 20.

Another US fast food chain, McDonald's Corp, influenced by the same supplier scandal, registered a 9 percent drop in consolidated operating income globally last year, and decreased by 20 percent in the fourth quarter.

The company announced in January that the drop was "primarily due to the impact of the previously-disclosed supplier issue in APMEA (Asia/Pacific, Middle East and Africa) and weak operating performance in the US."

In January, McDonald's announced its president, CEO and member of the board of directors, Don Thompson, will retire March 1 after nearly 25 years of service to the company. Steve Easterbrook will replace Thompson as president and CEO, and he was also elected to the board of directors.

Previous Page 1 2 3 4 5 6 7 8 9 10 Next Page >>|

Hot Topics

Editor's Picks
...
天门市| 阿鲁科尔沁旗| 通榆县| 修水县| 旌德县| 朝阳县| 塘沽区| 建水县| 泌阳县| 黑河市| 静宁县| 应城市| 兴隆县| 纳雍县| 余姚市| 台南县| 原阳县| 大名县| 广汉市| 海林市| 乃东县| 临安市| 永胜县| 大洼县| 平昌县| 古交市| 腾冲县| 五常市| 青川县| 白沙| 广德县| 安多县| 梨树县| 潮安县| 吉木乃县| 平阴县| 田东县| 墨玉县| 四平市| 宝丰县| 华蓥市|