Pizza Hut to close around 250 locations [FOX Business Network]
Yum! Brands, Inc. (YUM)
Last yum! brands, inc. earnings: 4/29 07:00 am
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Source: FOX Business Network
Brands, moves to shut underperforming stores and reassess the brand's long-term strategy, executives said. Yum! Brands Chief Financial Officer Ranjith Roy said during an earnings call that the closures will primarily target weaker-performing Pizza Hut restaurants as part of a broader effort to modernize the chain. The closures are tied to the company's "Hut Forward" initiative aimed at refreshing Pizza Hut's marketing, updating its restaurant model and improving franchise performance. Yum! said it is also reviewing broader strategic options for Pizza Hut, signaling the changes could be part of a deeper reset for the brand. The pullback comes as Pizza Hut continues to struggle in the U.S., even as other Yum! Brands post strong results. Pizza Hut's domestic same-store sales declined, while Taco Bell and KFC delivered solid growth and expanded their footprints. Despite the U.S. closures, Yum! said that Pizza Hut is still growing internationally. The chain opened more than 440 gro
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YUM
News
- Yum Brands Logs Higher Revenue on Growth at Taco Bell, KFC [Yahoo! Finance]Yahoo! Finance
- Yum! Brands (NYSE:YUM) had its price target raised by analysts at Citigroup Inc. from $170.00 to $171.00. They now have a "neutral" rating on the stock.MarketBeat
- Pizza Hut closing 250 U.S. stores as parent company considers selling the brand [BNN Bloomberg (Canada)]BNN Bloomberg
- Pizza Hut closing 250 US stores as parent company considers selling the brand [Yahoo! Finance Canada]Yahoo! Finance Canada
- Pizza Hut closing 250 US stores as parent company considers selling the brand [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
YUM
Earnings
- 2/4/26 - Miss
YUM
Sec Filings
- 2/5/26 - Form 144
- 2/4/26 - Form 8-K
- 1/23/26 - Form SCHEDULE
- YUM's page on the SEC website