Can Pizza Hut be saved?
$YUM just sold it for $2.7B. It's been dying in the U.S. But in China, same-store sales have risen 13 straight quarters.
Same brand, two completely different stories. Read Fundstrat's take👇
Yum Brands said it would sell its Pizza Hut chain for a combined $2.7 billion in two deals that highlight separate trajectories for its business in China and the rest of the world. More here:
Yum Brands said it would sell its Pizza Hut chain for a combined $2.7 billion in two deals that highlight separate trajectories for its business in China and the rest of the world