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The Latest Breaking News from Pizza Hut

Top Consumer Discretionary Brands Add Buyback Capacity Amid Weakness

From fast food to footwear, these under-performing consumer discretionary stocks are displaying confidence through buyback announcements.

MarketBeat

Private equity is hungry for Pizza Hut

Declining sales have out-Pizza'd the Hut, so Yum! Brands is slicing it off in a $2.7 billion split deal

Salon

How to Play Yum! Brands Stock on Reports It Will Sell Pizza Hut for $2.7 Billion

Yum! Brands is streamlining its portfolio with a $2.7 billion Pizza Hut divestiture, potentially unlocking capital for shareholder returns and higher-growth initiatives.

Barchart

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Yum sells Pizza Hut business for $2.7 billion

‌Yum Brands has announced that it would sell its Pizza Hut chain for a combined $2.7 billion in two deals that highlight separate trajectories for its business in China and the rest of the world.

Bangkok Post

Pizza Hut: From $600 loan to 20,000 stores and the new $2.7 billion twist for the global empire

Pizza Hut, a nearly 70-year-old American icon, has been split in a $2.7 billion deal. Yum Brands is selling its international business outside China to LongRange Capital, while Yum China acquires the China operations. This division highlights Pizza Hut's contrasting fortunes globally and in China.

The Economic Times

The $2.7 Billion Reason YUM Stock Is Up Today

YUM stock rallied today as the company announced the sale of the Pizza Hut division for $2.7 billion. Here’s why management decided in favor of unloading the popular pizza chain.

Barchart

Pizza Hut is getting the private equity treatment in a $2.7 billion deal as its owner offloads the brand that defined 1990s dining nostalgia

Yum Brands sold Pizza Hut to private equity firm LongRange Capital and Yum China Holdings Inc. for a combined $2.7 billion deal.

Fortune

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Pizza Hut, overtaken by the arrival of delivery culture, will be sold for $2.7 billion

Pizza Hut, the 68-year-old chain that has long struggled with growing competition and outdated restaurants, will be sold for $2.7 billion by parent company Yum Brands

AAP

Pizza chain will be sold for $2.7 billion after store closures and sales struggles

IN FULL

The Independent UK

Pizza Hut, where sales have lagged with arrival of delivery culture, will be sold for $2.7 billion

Pizza Hut, the 68-year-old chain that has long struggled with growing competition and outdated restaurants, will be sold for $2.7 billion by parent company Yum Brands

AAP

Yum! Brands to sell Pizza Hut chain in £2bn deal

The move will see Yum sell the chain excluding Chinese operations to private equity firm LongRange Capital for 1.5 billion dollars (£1.1 billion).

Evening Standard

US:Struggling Pizza Hut chain to be sold for $A3.8 billion

Pizza Hut will be sold for $US2.7 billion by parent company Yum Brands.

AAP

Struggling Pizza Hut chain to be sold for $A3.8 billion

Pizza Hut will be sold for $US2.7 billion by parent company Yum Brands.

AAP

Struggling Pizza Hut chain will be sold by Yum! Brands in $2.7 billion deal

The iconic chain has been rocked by store closures and a decline in sales

The Independent UK

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The Independent UK

Struggling Pizza Hut restaurant chain will be sold for $2.7 billion

Yum

Dot Esports

Airrack partners with Goldin for charity auction featuring “Stolen” MrBeast, FaZe Rug, and Jake Paul items

FaZe Rug's half-eaten burger is the most bizarre item on the list.

Bored Panda

People Who Lived Through The 1990s And 2000s Are Thoroughly Enjoying These 121 Posts (New Pics)

With so much stress and uncertainty in your daily life, it’s natural to embrace daydreaming and reminiscing about the past. Nostalgia can help you weather tough times and can even inspire you to dream of a better tomorrow. And it feels good to feel transported to the past, when life…

The Independent UK

Prime Prime! Little Caesars is now offering $5 pizza through Amazon

The deal marks the first time Amazon has partnered with a quick-service restaurant for a Prime Day promotion

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MarketBeat

Slice of the Pie: Why Yum’s Deal Lifts QSR

The recent strategic divestiture by Yum Brands establishes a highly lucrative valuation floor, positioning Restaurant Brands International for gains.

Tom’s Guide

T-Mobile is giving its customers gas discounts and a bunch of other free perks in June — here’s how to cash in

T-Mobile is celebrating 10 years of T-Mobile Tuesdays by declaring June "Member Month," with free drinks on Delta, DoorDash DashPass subscription, and more.

BANG Premier

Spice Girl Mel B recalls being fired from Pizza Hut

Chart-topping pop star Mel B has recalled being fired from Pizza Hut.

The Economic Times

Yum Brands in exclusive talks to sell Pizza Hut to LongRange Capital, source says

Yum Brands is reportedly in exclusive talks with private-equity firm LongRange Capital for a potential sale of its Pizza Hut chain. This move comes as the fast-food industry faces sustained demand weakness, rising inflation, and declining consumer sentiment. Pizza Hut has struggled to keep pace with other Yum Brands units,…

Fortune

Starbucks quietly retired its AI agent just months after deployment after it hallucinated coffee shop inventories and slowed down baristas

“It started off not particularly accurate and got less accurate over time,” one Starbucks employee told Fortune.

Tom’s Guide

I used Gemini in Google Maps to pick my next pizza spot — and the top result totally surprised me

I used the “Ask Maps” Gemini feature in Google Maps to find the best pizza spots in NYC — the tourist-favorite spot it recommended tasted way better than I thought.

Tom’s Guide

Pizza Hut franchisee says AI delivery system cost them millions and 'pummeled consumer satisfaction' — now there’s a $100 million lawsuit

A Pizza Hut franchisee has brought a $100 million lawsuit against its parent company after being forced to use an AI delivery system that hurt its business.

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People

Jimmy MrBeast Donaldson

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