Struggling Pizza Chain With Many Pittsburgh Locations Sold
The deal ends Yum Brands’ turnaround push after Pizza Hut’s revenue and profit fell in 2025 and early this year, analysts said.
- On Tuesday, Yum Brands announced the $2.7 billion sale of Pizza Hut in a two-part transaction: Yum China will acquire mainland locations for $1.2 billion, while private equity firm LongRange Capital purchases the remainder.
- Pizza Hut revenue and profit declined throughout 2025 and early 2026, with foot traffic lagging behind industry rival Domino in all but one month through 2026, signaling years of underinvestment.
- The chain recently announced plans to close 250 locations nationwide, while the rise of GLP-1 drugs shifted consumer appetites, with users consuming 21% fewer calories, leaving less room for pizza.
- LongRange founder Bob Berlin said the firm looks forward to "partnering with Yum to ensure a smooth transition," though the company did not disclose plans for potential additional closures.
- Yum will now focus on its high-performing KFC and Taco Bell chains while expanding Habit Burger & Grill, its smaller California-based burger concept, positioning the conglomerate for growth in stronger segments.
14 Articles
14 Articles
Yum Brands Slices Up Pizza Hut in $2.7 Billion Sale
However much they stuff their crusts, Pizza Hut can’t crack the upper crust of quick-service restaurants. And parent-company Yum Brands has finally had enough. On Tuesday, the fast-food conglomerate, which also owns Taco Bell and Kentucky Fried Chicken, announced that it had struck a deal to sell the struggling pizza chain for $2.7 billion. Slice of Life Pizza Hut is underperforming just about any way you slice it. Unlike KFC and Taco Bell, the…
Yum! announces the sale of Pizza Hut. (8.)
Photo: Pizza Hut The news about the sale of Pizza Hut for $2.7 billion caused uncertainty among thousands of customers, who began to wonder if the restaurant chain will leave Mexico or if its branches will cease to operate. The reality is that, although Yum! Brands, the company that owns the brand, confirmed the sale of the entire Pizza Hut business, this does not mean that the franchise disappears from Mexico, since the operation corresponds to…
Yum Brands announced on Tuesday that it is selling Pizza Hut, the world's second-largest pizza chain, in a deal valued at $2.7 billion. The new owners are taking over the brand with nearly 20,000 restaurants in more than 100 countries. Business split The pizza chain is being acquired by investment firm LongRange Capital in a transaction valued at about $1.5 billion. However, the deal does not include Pizza Hut's operations in mainland China. Tho…
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