Pizza Hut to be sold? Yum China: The sale of Pizza Hut will not affect the daily operations of Pizza Hut in China.
Recently, Yum! Brands announced the official start of a strategic evaluation of the Pizza Hut brand, including potential sale. On November 6, a representative from Yum! China stated to reporters: "We have noticed this latest development. Yum! China and Yum! Brands are two separate operating companies, so it is not appropriate for us to comment on this matter. We independently operate the Pizza Hut brand in China, and this news will not affect the daily operations of Pizza Hut in China. Pizza Hut in China continues to show strong growth momentum, with restaurant profits increasing year-on-year for six consecutive quarters and the total number of stores surpassing 4,000. We are confident in the long-term development of the Chinese market and will continue to deepen our presence in China."
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