Pizza Hut’s in the news as Yum! Brands reviews its future after weak performance; founded in 1958 in Kansas, now with nearly 20,000 locations worldwide.
Major US restaurant chains reported varied earnings for Q2 2025 amid economic uncertainty. McDonald's and Burger King saw sales growth driven by value offerings and promotions, while others like Sweetgreen and Wendy's faced declining sales due to cautious consumer spending. Industry outlook remains cautious.
Yum! Brands is reviewing strategic options for Pizza Hut amid declining US sales and increased competition. The company has retained advisors to explore a potential sale, as Pizza Hut struggles with outdated dine-in formats and shifting consumer preferences toward delivery and value options. The review follows several years of sales decline and store closures.