Yum Brands to review strategic options for Pizza Hut, opening the door to a sale
1. YUM explores strategic options for Pizza Hut amid disappointing sales. 2. Potential options include divestiture, joint ventures, or partial sales. 3. Pizza Hut's market share has declined from 22.6% in 2019 to 18.7% in 2024. 4. The brand's struggles are linked to increased competition and changing consumer habits. 5. Other restaurants are divesting underperforming divisions to strengthen financial positions.