Yum Brands to review strategic options for Pizza Hut, opening the door to a sale

[SVPete]

Yum Brands to review strategic options for Pizza Hut, opening the door to a sale

https://www.cnbc.com/2025/11/04/yum-brands-pizza-hut-strategic-options-sale.html

Yum Brands on Tuesday announced it will explore strategic options for Pizza Hut.

“The Pizza Hut team has been working hard to address business and category challenges; however, Pizza Hut’s 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,” Yum CEO Chris Turner said in a statement.

The company has not set a deadline or definitive timetable for the review process. While Yum did not specify what the review’s “range of strategic options” include, potential outcomes could be an outright divestiture, a joint venture or the sale of a stake in the chain.

Pizza the Hut doesn't have a lot of full-menu sit-down locations in Silicon Valley any more. Round Table isn't doing well, either, so Pizza the Hut is not alone in doing poorly hereabouts. I think higher-end pizza places have eaten the chains' lunch, , as the price difference for getting better quality has shrunk some.

[Rick]

A two story Taco Bell opened here in Sierra Vista. The Pizza Hut closed the same day.

[SVPete]

A two story Taco Bell opened here in Sierra Vista. The Pizza Hut closed the same day.

TB, Pizza the Hut, KFC, and Habit Burger & Grill are owned by Yum Brands. A&W was owned by Yum until 2011. Prior to that sale, Yum had torn down and rebuilt a KFC near us and re-opened it as a KFC and A&W tandem. It still is.

[DefiantSix]

We actually have a sit-down Pizza the Hut store here in Galt's Gulch, WY.
(Please don't touch me; we're speshul up here.)

[SVPete]

We actually have a sit-down Pizza the Hut store here in Galt's Gulch, WY.
(Please don't touch me; we're speshul up here.)

Back in the mid and late 80s during a couple of cross-country road trips to/from NE Kansas, we stopped for lunch or dinner at a few PHs. It seemed like there was a PH in every other town along US 36. The good thing for us was that they were conveniently spaced and consistently decent quality.