LOUISVILLE, KY. (WDRB) -- Louisville based YUM Brands is preparing for a tough day on Wall Street. Shares of Yum Brands Inc. fell about 5 percent to $64.72 in premarket trading this morning.
Investors are reacting to news of worse than expected sales in China.
The company had issues surrounding two of its small chicken suppliers to KFC restaurants. The Chinese government found in a review that the poultry suppliers provided chicken with unapproved levels of antibiotics.
This year YUM plans to build 700 new restaurants in China.
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