TEXT - Fitch says China food safety concerns could taint profits
February 06, 2013 at 10:39 AM EST
Feb 6 - Fitch Ratings anticipates weak same-store sales (SSS) performance in China for YUM! Brands (YUM) and McDonald's Corp. (McDonald's) in early 2013 due to lingering effects from the antibiotic-related food scare for chicken at the end of 2012. We also believe growing pressure around food safety in China will add to the cost of operating in the country but expect both YUM and McDonald's to manage their supply chains effectively. Due to YUM's extensive presence in China, with 5,275 units v