Comments made by David Novak, CEO, of YUM brands speaking at a conference:
in that province - just one part of province, we had 73 restaurants, all but two of them are back in operation today. We've made significant contributions to people in need there. We had some financial issues with some of the stores in that particular province. So when we look at the business, we think we probably had about around a $5 million impact overall.
He went on and implied that the three day of mourning slowed same-store sales trends. The obvious question is how much have sales slowed and for how long?
in that province - just one part of province, we had 73 restaurants, all but two of them are back in operation today. We've made significant contributions to people in need there. We had some financial issues with some of the stores in that particular province. So when we look at the business, we think we probably had about around a $5 million impact overall.
He went on and implied that the three day of mourning slowed same-store sales trends. The obvious question is how much have sales slowed and for how long?