Tags: Pizza Hut
Denny's Sold, Pizza Hut Is Next As It Eyes Possible Sale in Major Industry Shake-Up
Denny's heads into private ownership while Pizza Hut's parent company considers selling the struggling chain amid shifting consumer trends.
Yum Brands Misses Revenue Target as Pizza Hut, KFC See Lower Sales
Yum Brands fell short of revenue expectations in the second quarter as Pizza Hut and KFC struggled with declining same-store sales, while Taco Bell saw a 5% increase.
Gulf investor eyes the $1.7 bln stake in Kuwait’s Americana
The Gulf establishment, Adeptio LLC has approached Kuwait's fast-food chain, Americana, for buying out the 66.8% controlling stake held by the Al Kharafi family valued at $1.7 billion. Currently, the investor is conducting the due diligence but the final outcome will be based on the approval of the Americana franchisers.
Yum China spinoff becoming more probable: J.P. Morgan
The likelihood is growing that Yum Brands Inc (YUM.N) will spin off its China business, J.P. Morgan said in a client note, upgrading the company's shares to "overweight" from "neutral".





