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Struggling Pizza Hut chain to be sold for $2.7bn

The decision comes after a prolonged period of difficulty for the chain, which has faced increasing competition from a range of rivals.

June 16, 2026

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investors.yum.com•June 21, 2026

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

This Dec. 15, 2016, file photo shows a Pizza Hut restaurant in New Orleans. (AP Photo/Gerald Herbert, File) Pizza Hut, the 68-year-old chain that has long struggled with growing competition and outda

apnews.com•June 21, 2026
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