Pizza Hut’s Possible Sale Sparks Nostalgia for Better Pizza and a Return to Roots
Yum Brands, Pizza Hut’s parent company, is currently reviewing strategic options for the pizza chain, which may include a potential sale. Despite strong international sales and a global presence with nearly 20,000 stores, the brand has struggled, especially in the US market, with a 7% sales decrease in the first nine months of the year. CEO Chris Turner believes Pizza Hut’s full value might be better realized outside Yum Brands. The company has not set a deadline for the review and will not provide further comments.
John Q. Hosedrinker