{"id":733611,"date":"2025-11-04T08:49:25","date_gmt":"2025-11-04T16:49:25","guid":{"rendered":"https:\/\/www.oann.com\/?p=733611"},"modified":"2025-11-04T08:49:30","modified_gmt":"2025-11-04T16:49:30","slug":"pizza-huts-parent-company-says-its-considering-selling-the-chain","status":"publish","type":"post","link":"https:\/\/www.oann.com\/business\/pizza-huts-parent-company-says-its-considering-selling-the-chain\/","title":{"rendered":"Pizza Hut\u2019s parent company says it\u2019s considering selling the chain"},"content":{"rendered":"\n
By DEE-ANN DURBIN Pizza Hut could soon be up for sale.<\/p>\n\n\n\n Yum Brands, Pizza Hut\u2019s parent company, said Tuesday it\u2019s conducting a formal review of options for the brand, which has struggled to compete in a crowded pizza market.<\/p>\n\n\n\n Yum CEO Chris Turner said Pizza Hut has many strengths, including a global footprint and strong growth in many countries. Pizza Hut has nearly 20,000 stores in more than 100 countries, and its international sales were up 2% in the first nine months of this year. China is its second-largest market outside the U.S.<\/p>\n\n\n\n But Pizza Hut gets nearly half its sales from the U.S., where it has around 6,500 stores, and U.S. sales fell 7% in the same period. Pizza Hut was long saddled with large, outdated dine-in restaurants at a time when consumers wanted fast pickup and delivery. In 2020, one of Pizza Hut\u2019s largest franchisees filed for bankruptcy protection and closed 300 stores.<\/p>\n\n\n\n \u201cThe Pizza Hut team has been working hard to address business and category challenges; however, Pizza Hut\u2019s performance indicates the need to take additional action to help the brand realize its full value, which may be better executed outside of Yum Brands,\u201d Turner said in a statement. \u201cTo truly take advantage of the brand we\u2019ve built and the opportunities ahead, we\u2019ve made the decision to initiate a thorough review of strategic options.\u201d<\/p>\n\n\n\n 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.<\/p>\n\n\n\n Yum Brands shares were up nearly 7% in morning trading Tuesday.<\/p>\n\n\n\n DEE-ANN DURBIN Yum Brands said it\u2019s conducting a formal review of options for the brand, which has struggled to compete in a crowded pizza market.<\/p>\n","protected":false},"author":1,"featured_media":733614,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[441,161,284259,63337,253941],"class_list":["post-733611","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business","tag-china","tag-chris-turner","tag-pizza-hut","tag-yum-brands"],"featured_image_src":"https:\/\/www.oann.com\/wp-content\/uploads\/2025\/11\/pizzahut.webp","author_info":{"display_name":"admin","author_link":"https:\/\/www.oann.com\/author\/admin\/"},"_links":{"self":[{"href":"https:\/\/www.oann.com\/wp-json\/wp\/v2\/posts\/733611","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oann.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oann.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oann.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oann.com\/wp-json\/wp\/v2\/comments?post=733611"}],"version-history":[{"count":1,"href":"https:\/\/www.oann.com\/wp-json\/wp\/v2\/posts\/733611\/revisions"}],"predecessor-version":[{"id":733617,"href":"https:\/\/www.oann.com\/wp-json\/wp\/v2\/posts\/733611\/revisions\/733617"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oann.com\/wp-json\/wp\/v2\/media\/733614"}],"wp:attachment":[{"href":"https:\/\/www.oann.com\/wp-json\/wp\/v2\/media?parent=733611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oann.com\/wp-json\/wp\/v2\/categories?post=733611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oann.com\/wp-json\/wp\/v2\/tags?post=733611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Updated 8:01 AM PST, November 4, 2025<\/p>\n\n\n\n
Durbin is an Associated Press business writer focusing on the food and beverage industry. She has also covered the auto industry and state and national politics in her nearly 30-year career with the AP.<\/sup><\/p>\n","protected":false},"excerpt":{"rendered":"