Yum Brands, Pizza Hut's parent company says it's considering selling the chain

Yum CEO Chris Turner also said that the company has made the decision to initiate a thorough review of strategic options

Updated on: Nov 5, 2025, 03:49:00 IST

By HT News Desk

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Yum Brands, the parent company of Pizza Hut, on Tuesday said that it is conducting a formal review of the options for the brand, which has struggled to compete in a crowded pizza market. Pizza Hut, which gets nearly half of its sales from the US, saw a 7 per cent decline in sales in the country.

Pizza Hut gets half of its sales from the US, where the company has around 6,500 stores; however, the US sales fell 7 per cent. (Reuters)

Yum CEO Chris Turner said that the company has many strengths, including its growth in several countries with a strong global footprint.

Pizza Hut has nearly 20,000 stores in more than 100 countries, and its international sales were up 2 per cent in the first nine months of this year. China is its second-largest market outside the US, Associated Press reported.

Pizza Hut gets half of its sales from the US, where the company has around 6,500 stores; however, the US sales fell 7 per cent. It has been fighting with large, outdated dine-in restaurants, especially in a time when consumers prefer fast pickup and delivery.

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Earlier, in 2020, one of the largest franchisees of Pizza Hut filed for bankruptcy protection and closed 300 stores.

“The Pizza Hut team has been working hard to address business and category challenges; however, Pizza Hut's performance indicates the need to take additional action to help the brand realise its full value, which may be better executed outside of Yum Brands,” Turner said in a statement.

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He also said that the company has made the decision to initiate a thorough review of strategic options to take advantage of the brand and opportunities.

While Yum has not set a deadline for the completion of the review, the company said it will not make any further comments on the review. Yum Brands shares were up nearly 7 per cent in morning trading on Tuesday.

(With inputs from Associated Press)

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