Pizza Hut will close 250 underperforming U.S. restaurants in the first half of this year.
Parent company Yum Brands is conducting a formal review and considering selling the Pizza Hut brand.
Driving the news: Pizza Hut currently has over 6,000 locations in the U.S., but sales have struggled in recent years.
- U.S. same-store sales at Pizza Hut dropped 5% last year, while rival Domino’s reported a 2.7% increase for most of the year.
- Internationally, Pizza Hut’s performance is stronger, with same-store sales up 1% last year, especially in Asia, the Middle East, and Latin America.
- China represents Pizza Hut’s second-largest market outside the U.S., accounting for 19% of its sales.
- Pizza Hut ended 2025 with 19,974 stores worldwide, having opened nearly 1,200 new locations across 65 countries, but closures outpaced new openings.
What we’re watching: The company plans additional global openings in 2026, though specific details were not disclosed.