Pizza Hut plans to close 250 U.S. restaurants in the first half of this year as its parent company considers a sale of the chain.
Yum Brands said Wednesday it’s targeting underperforming Pizza Hut restaurants in its system.
Pizza Hut has more than 6,000 locations in the U.S. Louisville, Kentucky-based Yum Brands said in November it was conducting a formal review of options for Pizza Hut, which has struggled with outdated stores and growing competition.
Yum CEO Chris Turner said Wednesday that the company plans to complete its review of options for Pizza Hut this year.
Pizza Hut ended 2025 with 19,974 stores globally, which was 251 fewer than it had the previous year.
Pizza Hut opened nearly 1,200 stores across 65 countries last year, but closures outpaced that. »