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Stock impact report

A pizza icon is closing 250 locations. Here's why [Yahoo! Finance]

Yum! Brands, Inc. (YUM) 
Last yum! brands, inc. earnings: 4/29 07:00 am Check Earnings Report
US:NYSE Investor Relations: yum.com/investors
Company Research Source: Yahoo! Finance
The closures are part of a plan to help the pizza chain improve for the future. The parent company, Yum! Brands, told investors that about 250 Pizza Hut restaurants will close in the first half of 2026. That number equals about 3 percent of all Pizza Hut restaurants in the United States. The company did not share a list of the exact restaurants that will shut their doors. Officials said the closing locations are typically underperforming , meaning they are not generating sufficient sales. Pizza Hut is also looking at other big changes or a possible sale. Pizza Hut has been a well-known pizza place for many years. People recognize its red roof design and dine-in restaurants. But in recent months, other pizza chains have been growing faster. This competition has cost Pizza Hut customers. Workers at the closing restaurants may lose their jobs. Pizza Hut has not said how many workers might be affected. And because the company has not released the names of the specific restaurants Show less Read more
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