Yum Brands sells Pizza Hut to focus growth on Taco Bell and KFC
By
Alexa LoMonaco
Summary
Yum Brands CEO Chris Turner announced the company's plan to sell Pizza Hut, allowing the restaurant giant to focus its resources on its largest growth opportunities: Taco Bell and KFC. Turner stated that Taco Bell and KFC have significant white space opportunities for expansion, and the divestiture positions Pizza Hut for greater growth while enabling Yum to concentrate on its strongest brands.
Source
bskyYum Brands sells Pizza Hut to focus growth on Taco Bell and KFCcnbc.comKey quotes
· 2 pulledThis positions Pizza Hut for even greater growth going forward, and for Yum, it allows us to focus even more on those three brands.
Of course, the two biggest there are Taco Bell and KFC. They have incredible white space opportunities in front of them.
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