NYSE:YUMHospitality
Yum! Brands Pizza Hut Review Puts Closures Valuation And Debt In Focus
Yum! Brands (NYSE:YUM) plans to close 250 underperforming Pizza Hut locations across the US as part of a broader business review.
The company is evaluating options for Pizza Hut, including a potential sale of the brand.
The review also covers technology upgrades and updated franchise agreements across the Pizza Hut system.
Yum! Brands, the owner of KFC, Taco Bell and Pizza Hut, sits at the center of the global quick service restaurant market, where digital ordering, delivery and off premise...