Yum! Brands
American fast food company.
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business Jun 16, 2026, 2:00 AM
Yum Brands sells Pizza Hut amid declining sales and store closures - Yum Brands sold Pizza Hut for $2.7 billion due to declining sales and store closures.
- The chain's U.S. business was acquired by LongRange Capital for $1.5 billion, while Yum China bought the mainland operations for $1.2 billion.
- The sale marks a significant shift in Pizza Hut's history, raising questions about its future direction.
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business Feb 5, 2026, 2:40 PM
Yum Brands struggles as profit expectations fall short - Yum Brands reported a 7 percent increase in same-store sales at Taco Bell in the U.S.
- The company missed fourth-quarter profit expectations, reporting an adjusted profit of $1.73.
- Yum Brands plans to streamline operations by closing underperforming Pizza Hut locations.
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2026 All rights reserved
2026 All rights reserved