Pizza Hut's parent company Yum Brands says it's considering selling chain

Pizza Hut could soon beryllium up for sale.

Yum Brands, Pizza Hut's genitor company, said connected Tuesday (November 4, 2025) it's conducting a ceremonial reappraisal of options for the brand, which has struggled to vie successful a crowded pizza market.

Yum CEO Chris Turner said Pizza Hut has galore strengths, including a planetary footprint and beardown maturation successful galore countries.

Pizza Hut has astir 20,000 stores successful much than 100 countries, and its planetary income were up 2% successful the archetypal 9 months of this year. China is its second-largest marketplace extracurricular the U.S.

But Pizza Hut gets astir fractional its income from the U.S., wherever it has astir 6,500 stores, and U.S. income fell 7% successful the aforesaid period. Pizza Hut was agelong saddled with large, outdated dine-in restaurants astatine a clip erstwhile consumers wanted accelerated pickup and delivery.

In 2020, 1 of Pizza Hut's largest franchisees filed for bankruptcy extortion and closed 300 stores.

“The Pizza Hut squad has been moving hard to code concern and class challenges; however, Pizza Hut's show indicates the request to instrumentality further enactment to assistance the marque realise its afloat value, which whitethorn beryllium amended executed extracurricular of Yum Brands,” Mr. Turner said successful a statement.

“To genuinely instrumentality vantage of the marque we've built and the opportunities ahead, we've made the determination to initiate a thorough reappraisal of strategical options.”

Yum has not acceptable a deadline for the completion of the review. The institution said it volition not marque immoderate further comments connected the review.

Yum Brands shares were up astir 7% successful greeting trading connected Tuesday.