Yum! Brands is considering selling Pizza Hut as it faces financial struggles and market shifts, after spinning off from PepsiCo in 1997.
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 The company has retained advisors to explore a potential sale, as Pizza Hut struggles with outdated dine-in formats and shifting consumer preferences toward delivery and value options.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.
Home Depot lowered its earnings forecast but raised sales expectations amid a challenging housing market. McDonald's exceeded sales forecasts but missed earnings estimates due to increased marketing and consumer caution. Domino's faced declining order volumes amid higher prices, while Beyond Meat reported significant losses and cost cuts. These updates reflect ongoing economic pressures affecting retail and food sectors.