Yum! Brands Explores Sale of Pizza Hut. The Stock Rises.
1. Yum! Brands is reviewing Pizza Hut, considering a potential sale. 2. Pizza Hut's Q3 U.S. sales fell 7%, with comparable sales down 1%. 3. Pizza Hut accounts for only 11% of Yum's profits; Taco Bell and KFC dominate. 4. Yum's stock rose 5.6% as it shifts focus to stronger brands. 5. CEO emphasizes growth through technology and relevance to younger consumers.