Yum Brands reported disappointing full-year guidance and quarterly results on Tuesday, sending shares lower in after-hours trading.
The company said it expects full 2014 earnings growth of between 6 percent and 10 percent, versus Wall Street expectations of 14 percent.
Yum posted third-quarter earnings of 87 cents per share on $3.35 billion in revenue, missing analysts expectations of 88 cents a share on $3.46 billion in revenue, according to a consensus estimate from Thomson Reuters.
"I'm absolutely confident in Yum! Brands' ability to deliver strong, sustainable growth in the years ahead despite the recent supplier incident in China, which has significantly impacted China sales, leading us to reduce our full-year EPS outlook," CEO David Novak said, adding that the sales were on the path to recovery.
Shares whipsawed after the announcement and were most recently nearly flat.