Pizza Hut’s parent company mulls over possible sale as it explores ‘strategic options’ for chain

Yum! Brands, which owns Pizza Hut, Taco Bell and KFC, announced it would launch a “formal review of strategic options.”

WASHINGTON — Pizza Hut’s parent company, Yum! Brands announced it is considering “strategic options” for the chain, which could include a possible sale. 

Yum! Brands, which owns Pizza Hut, Taco Bell and KFC, announced on Tuesday that it would launch a “formal review of strategic options for the Pizza Hut brand.” 

“The Pizza Hut team has been working hard to address business and category challenges; however, Pizza Hut’s performance indicates the need to take additional action to help the brand realize its full value,

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