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Stock impact report

Pizza Hut closing hundreds of locations around the U.S. [Los Angeles Times (CA)]

Yum! Brands, Inc. (YUM) 
Last yum! brands, inc. earnings: 4/29 07:00 am Check Earnings Report
US:NYSE Investor Relations: yum.com/investors
Brands plans to close 250 U.S. locations, or about 3% of its nationwide retail footprint, in the first half of 2026. Yum! Chief Financial Officer Ranjith Roy said on a Wednesday earnings call that the “targeted closures of underperforming units” are a part of what the company has dubbed its “Hut Forward” strategy — which also calls for more marketing support and an update of the chain's technology and franchise agreements. There are about 20,000 Pizza Hut locations worldwide, with roughly 6,400 in the U.S., according to the company's November Securities and Exchange Commission filing Yum! didn't respond to a request for comment. The company has not yet said which stores it plans to close. Employees at five Pizza Hut locations across Los Angeles County said they did not know if their stores would be affected. In November, Yum! said in a statement it was launching a “review of strategic options” for the Pizza Hut brand and hinted that it was considering a sale. “Pizza Hut's Show less Read more
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