Pizza Hut

Yum Brands says it's reviewing options, may sell Pizza Hut chain

Pizza Hut could soon be up for sale. Yum Brands, Pizza Hut's parent company, said Tuesday it's conducting a formal review of options for the brand, which has struggled to compete in a crowded pizza market. Yum CEO Chris Turner said Pizza Hut has many strengths, including a global footprint and strong growth in many countries. Pizza Hut has nearly 20,000 stores in more than 100 countries, and its international sales were up 2 per cent in the first nine months of this year. China is its second-largest market outside the US. But Pizza Hut gets nearly half its sales from the US, where it has around 6,500 stores, and US sales fell 7 per cent in the same period. Pizza Hut was long saddled with large, outdated dine-in restaurants at a time when consumers wanted fast pickup and delivery. In 2020, one of Pizza Hut's largest franchisees filed for bankruptcy protection and closed 300 stores. The Pizza Hut team has been working hard to address business and category challenges; however, Pizza

Devyani International Q1 result: Profit plunges 88% amid sluggish demand

The Yum Brands franchisee reported a net profit of ₹3.69 crore ($420,920.55) for the quarter ended June 30, compared with ₹30.106 crore a year earlier

Sapphire Foods Q1 results: Loss of ₹1.73 cr, revenue climbs 8% to ₹776 cr

Sapphire Foods India, the franchisee operator for YUM Brands' QSR chains KFC and Pizza Hut, on Wednesday reported a consolidated loss of Rs 1.73 crore for the June quarter. The company had posted a consolidated net profit of Rs 8.18 crore in the same quarter a year ago, according to a regulatory filing by Sapphire Foods India, which operates in India and Sri Lanka. Its consolidated revenue from operations rose 8.14 per cent to Rs 776.82 crore in the June quarter, up from Rs 718.28 crore in the year-ago period, it added. The company's total expenses increased 10.35 per cent to Rs 785.45 crore during the quarter. The total consolidated income, which includes other income, grew 8.3 per cent to Rs 783.61 crore during the period under review. In Q1FY26, it added 8 KFC restaurants, 2 Pizza Hut and 1 Pizza Hut restaurant in the Sri Lanka market. Sapphire Foods' total restaurant count was 974 as of June 30, 2025. During the quarter, Sapphire Foods SSSG (Same Store Sales Growth) for KFC

Top 2 franchisees of Yum! Brands in India explore merger possibility

The proposed merger of Yum! Brands' KFC and Pizza Hut franchises in India aim to counter weak sales

Why did KFC, Pizza Hut operator Devyani International shares rise 3% today?

Devyani International Sky Gate Hospitality Acquisition: Devyani International share price gained 3 per cent on signing agreement to acquire additional stake in Sky Gate; check all details

Little Caesars enters India with first outlet in Delhi-NCR this month

Little Caesars, a Detroit, Michigan-based world's third largest pizza chain, is entering the Indian market. India -- one of the fastest growing quick service restaurant markets -- will be the 30th market for Little Caesars, which is also the world's largest family-owned pizza chain, for which it has roped in Harnessing Harvest as its franchise partner. It has planned to open its first outlet in Delhi-NCR in this month, with plans for additional locations to follow, according to a statement from the company. "Launching in India marks an exciting milestone for Little Caesars as we expand into our 30th country. With our delicious pizzas and unbeatable value, we're eagerly anticipating introducing a unique menu that we believe will captivate India," said Paula Vissing, President, Global Retail, Little Caesars Pizza. Its entry into India market reflects the brand's commitment to global growth, bringing its signature menu and exceptional value to a new market, it said. Recently, Little

Why are protesters in Bangladesh vandalising Bata, KFC and Pizza Hut?

Outlets of Bata, KFC, and Pizza Hut vandalised across Bangladesh as protests erupt over Israeli strikes in Gaza and calls grow for a boycott of Israeli-linked brands

Nuvama bets on QSR, jewellery sectors post Q3, picks Jubilant, Titan, Trent

Nuvama has picked Jubilant, Trent, V-Mart, Titan, and Aditya Vision as its top bets going forward, highlighting their strong performances and promising outlook

KFC & Pizza Hut operator Devyani International decline 4% on posting Q3

Devyani International reported consolidated net loss year-on-year (Y-o-Y) at Rs 7.6 crore as compared to a profit of Rs 5.1 crore

KFC India operator Sapphire beats profit view as cheaper menu drives demand

The restaurant operator posted a profit of Rs 11.98 crore ($1.37 million) for the quarter ended December 31

Yum! Restaurants India FY24 results: Profit at Rs 162 cr, income up 13%

Yum! Restaurants (India), which owns QSR brands such as Pizza Hut and KFC in the Indian market, was back in the black in FY24, reporting a profit of Rs 162.04 crore while its revenue from operations was up 6.6 per cent to Rs 689.93 crore, the company said in an RoC filing. The total income of Yum! Restaurants (India) was up 13.4 per cent to Rs 832.05 crore for the financial year ended on March 31, 2024, helped by other income -- mainly gains from the sale of its investments in Devyani International Ltd. Yum! Restaurants (India) posted other income of Rs 142.11 crore for FY24 as against Rs 86.46 crore a year earlier, according to financial data accessed through business intelligence platform Tofler. It had reported a loss of Rs 108.17 crore a year earlier in FY23 and its revenue from operations was at Rs 647.34 crore. Yum! Restaurants (India) Pvt Ltd is the holding company of Pizza Hut India Marketing and KFC India Marketing. Its "advertising promotional expenses" were at Rs 220.69

From KFC to Pizza Hut & Burger King, US chains pull onions on E Coli risk

Burger King said Thursday that it gets some of its onions from a Colorado facility run by Taylor Farms, which supplied the McDonald's restaurants that have been impacted by the outbreak

Yum! Brands appoints Pewekar as MD for Pizza Hut in Indian subcontinent

Yum! Brands, the US-based quick-service restaurant major, on Wednesday announced the appointment of Rohan Pewekar as the Managing Director (MD) for Pizza Hut in the Indian subcontinent. Yum! Brands owns restaurant chains, including KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill. Pewekar will be based in Gurugram and will lead Pizza Hut's operations across India, Nepal, Bangladesh, Sri Lanka, and the Maldives, according to a statement. He will lead Pizza Hut for its next phase of expansion in the region, it added. Pewekar, an alumnus of IIM Calcutta and Wharton School, has been with Pizza Hut for over four years. He played a pivotal role in driving the brand's rapid growth in the region, serving as Chief Strategy and Finance Officer, it added. He has nearly 15 years of experience in B2C sectors and brings cross-functional expertise in finance, go-to-market strategies, channel expansion, and more. Before joining Pizza Hut, Pewekar worked with Samsung Electronics India and ..

Pizza Hut adapts to China's sluggish economy by opening cheaper stores

The first Pizza Hut Wow store opened in Guangzhou in May and there are now more than 100 around the country, with a target of 200 by the end of the year, Yum China said

Devyani Int's Q1 result: Profit rises to Rs 224 cr on back of advertising

Devyani International Ltd, the operator of Pizza Hut, KFC, and Costa Coffee stores, has reported a profit of Rs 224.30 crore for June quarter FY25 helped by marketing campaigns and promotional deals. The Quick Service Restaurant (QSR) operator had reported a loss of Rs 1.59 crore in April-June FY24, according to a regulatory filing by the Jaipuria family-promoted firm on Monday. Revenue from operations in the quarter was Rs 1,221.90 crore as against Rs 846.63 crore in the year-ago period. Its "consolidated EBITDA for the quarter closed at Rs 220 crore, with margin at 18.3 per cent - an improvement of 1.7 per cent compared to the previous quarter," said an earning statement from the company. Total expenses in June quarter increased 42.9 per cent to Rs 1,201.28 crore. During the quarter, Devyani International Ltd (DIL) added 54 stores with an aim to reach consumers in its under-penetrated markets, it said. "With this addition, DlL's total store count moves to 1,836 stores as of Jun

Pizza Hut India operator misses Q1 estimates on weak demand, surging costs

India's quick-service chains have been struggling to attract customers amid persistent inflation, which remained around 5 per cent during the quarter

Devyani International Q4: Net loss of Rs 48.95 cr, revenue at Rs 1,047 cr

Quick service restaurant operator Devyani International Ltd on Tuesday reported a consolidated net loss of Rs 48.95 crore in the fourth quarter ended March 31, 2024, impacted by forex translation loss due to the devaluation of Nigerian currency. The company had posted a consolidated net profit of Rs 59.88 crore in the fourth quarter of the previous fiscal, Devyani International said in a regulatory filing. Consolidated revenue from operations during the quarter under review stood at Rs 1,047.08 crore as against Rs 754.98 crore in the corresponding period a year ago, it added. Total expenses were higher at Rs 1,057.32 crore as compared to Rs 724.77 crore in the year-ago quarter, it added. During the quarter ended March 31, 2024, and the year ended March 31, 2024, due to significant devaluation of the Nigerian currency, the Nigerian subsidiary of the group has recognised Rs 42.37 crore and Rs 89.7 crore devaluation impact on account of translation loss of USD denominated liabilities

Sapphire Foods Q4 results: PAT declines 98% to Rs 2.39 cr on slow demand

The Yum Brands franchisee's consolidated net profit fell 98% to Rs 2.39 crore ($286,271.4) for the quarter ended March 31, marking its fourth straight quarterly profit fall

Sapphire Foods at new high; soars 18% in 4 days as large funds raise stake

On March 7, 2024, HDFC Mutual Fund acquired 1.45 million equity shares, representing 2.28 per cent of Sapphire Foods, via open market

Muted demand environment to hit Jubilant FoodWorks' near term earnings

This was the fourth consecutive quarter of a decline in LFL growth for the pizza market leader