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Iconic pizza chain closing 250 ‘underperforming’ stores

A chef created a fine dining meal from Pizza Hut ingredients, much to the surprise of his diners
  • Pizza Hut's parent company, Yum! Brands, announced the closure of 250 underperforming stores across the U.S.
  • These closures, representing about 3% of Pizza Hut's U.S. locations, are expected to occur during the first half of 2026.
  • The announcement came during Yum! Brands' fourth-quarter 2025 earnings call, where it also revealed an ongoing 'strategic review' of the struggling pizza chain, potentially including a sale.
  • Pizza Hut experienced a decline in U.S. same-store sales, dropping 3% in the fourth quarter and 5% for the entire year.
  • The chain continues to face challenges against competitors like Domino's, contrasting with the success of other Yum! Brands like Taco Bell.
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