Pizza Hut is owned by Yum! Brands (the United States, NYSE: YUM), which was separated from PepsiCo on 6 October 1997.[1][2] Before Yum! Brands, Pizza Hut was owned by PepsiCo from 1977 to 1997.[2]
Pizza Hut was founded in Wichita in 1958 by two brothers who borrowed $600 from their mother, and the name came from the small building, which had room for only eight letters on the sign. PepsiCo bought it in 1977 and it went to Yum in the 1997 spin-off.
What Yum! Brands's annual report says about Pizza Hut
Sentences about Pizza Hut from Yum! Brands's latest annual filing[1], copied word for word.
The objective of the review is to create value for YUM, Pizza Hut and its franchise partners by determining the optimal approach to best capitalize on Pizza Hut's structural advantages strong brand equity, experienced franchise partners and meaningful scale in the highly fragmented pizza market.
Today, Pizza Hut specializes in the sale of ready-to-eat pizza products and operates in the delivery, carryout and casual dining segments around the world.
Pizza Hut offers a drive-thru option on a much more limited basis.
How often Yum! Brands names Pizza Hut in its annual report
A plain count of the times the name appears in the text of each annual report, not counting the start of a sentence. A brand that an owner writes about more is usually one it treats as central. The brand is named more often than it was three years earlier.
Yum! Brands is a publicly listed company headquartered in Louisville, Kentucky, United States, founded in 1997. Brandtree records 4 brands under its control, and it is listed as NYSE: YUM.
Yum! Brands was spun off from PepsiCo in 1997 as Tricon Global Restaurants, taking the restaurant chains PepsiCo had bought in the 1970s and 1980s. It separated its Chinese business as a licensee in 2016 and now operates almost entirely through franchisees.
Brandtree records a controlling owner for 2,549 brands that began in the United States.
478 of them (19%) are now controlled by a company headquartered in another country; Pizza Hut is not one of them.
PepsiCo spun off its restaurant business as Tricon Global Restaurants, taking KFC, Pizza Hut and Taco Bell out of the drinks and snacks company. PepsiCo had found that operating restaurants competed for capital with its packaged goods brands and complicated its relationships with other chains. Tricon renamed itself Yum! Brands in 2002.
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