Major fast-food restaurant operator Yum! Brands (YUM) is considering selling its Pizza Hut chain. The company stated that it was conducting a formal strategic review of options regarding the brand’s future. While the brand’s global footprint has been strong, its U.S. division has been hit by outdated dine-in spots in a backdrop where quick pickup and delivery have become important. Pizza Hut is also facing some pressure from its arch-rival, Domino’s, with its expansive delivery focus.
The strategic review might result in a complete divestiture of the business, which could lead to Yum! Brands becoming a lighter and more capital-efficient firm. So, do you think you should consider investing in its restaurant chain operator now?
