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8 Things to Know: National Pizza Chain Plans to Close 250 Locations
- During a Feb. 4 earnings call, Yum! Brands said Pizza Hut will close about 250 U.S. restaurants in the first half of 2026.
- Yum! Brands placed Pizza Hut under a November 2025 strategic review amid declining sales, rising costs, and competition, framing closures as part of the Hut Forward strategy.
- Against a roughly 20,000-unit global estate, CFO Ranjith Roy said, `The 250 stores that we mentioned is a very small portion of the 20,000-unit estate that Pizza Hut has globally,` during the earnings call, representing about 3% of the U.S. footprint.
- The company has not announced which stores will close, leaving local communities and customers uncertain; closures could affect areas with high outlet concentrations, such as about 250 locations in California, 82 in New Jersey, and others.
- Yum CEO Chris Turner said Pizza Hut's performance may be better realized outside Yum Brands, prompting a 2026 focus to raise the bar and complete the strategic review.
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Total News Sources25
Leaning Left3Leaning Right0Center17Last UpdatedBias Distribution85% Center
Bias Distribution
- 85% of the sources are Center
85% Center
15%
C 85%
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