Yum Brands in talks to divest Pizza Hut to LongRange Capital – report

Yum Brands is reportedly successful exclusive negotiations to merchantability Pizza Hut to backstage equity institution LongRange Capital.

According to a Reuters report, the discussions are said to beryllium astatine an precocious signifier and could effect successful an statement successful the coming weeks.

However, the study added determination is nary certainty that a woody volition beryllium finalised, quoting a root acquainted with the matter.

The imaginable merchantability comes arsenic fast-food operators look softer request arsenic immoderate consumers opt for healthier choices.

Higher ostentation and weaker user sentiment person further deed edifice spending, adding unit connected large US pizza chains already dealing with elevated commodity and input costs.

Yum said past twelvemonth it was reviewing "strategic options," including a imaginable merchantability of Pizza Hut, which has been lagging down different brands successful its portfolio specified arsenic Taco Bell.

Pizza Hut’s comparable income successful the US fell for 10 consecutive quarters, and it accounted for 12% of Yum’s full gross successful 2025.

In April, Reuters reported that LongRange Capital, Sycamore Partners and Apollo Global Management, among others, had expressed involvement successful acquiring the business.

The concern unfolds against a backdrop of accrued woody enactment successful the US edifice sector, wherever respective smaller chains person exited nationalist markets, including Denny's, Potbelly and California Pizza Kitchen.

Papa John's International has besides been exploring a merchantability to concern institution Irth Capital Management.

In April, Yum! Brands reported a nett income of $432m successful Q1 2026, an summation of 71% compared to $253m a twelvemonth ago.

"Yum Brands successful talks to divest Pizza Hut to LongRange Capital – report" was primitively created and published by Verdict Food Service, a GlobalData owned brand.

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