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China's top fast-food chain operator cautious on recovery outlook

Yum China says sales grew during Lunar New Year, but 'challenges' await

Yum China, which runs KFC, Pizza Huts, Taco Bells and other restaurants, said Feb. 8 that same-store sales during the Lunar New Year were up by "mid-single digits" on the year.   © Getty Images

HONG KONG -- The largest fast food chain operator in mainland China remains cautious about the outlook for the country's recovery and its own business following the end of zero-COVID, despite "encouraging" growth in revenue recently.

Yum China -- which runs close to 13,000 KFC, Pizza Hut, Taco Bell and other dining and cafe outlets in China -- said on Wednesday that same-store sales during the Lunar New Year period were up by "mid-single digits" compared with a year ago. This was China's first Lunar New Year without COVID restrictions.

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