Yum! Tries to Reboot Slumping Pizza Hut
Yum! Brands (NYSE: YUM) Pizza Hut has struggled to find the right mix of product, convenience, and prize. The pizza chain saw same-store sales drop 4% in the fourth quarter for its U.S. stores.
The parent company clearly finds that number alarming and detailed a number of steps its plans to take to address the problem in its Q4 earnings call. Those moves include installing a new leadership team.
Pizza Hut has a new leadership team. Image source: Yum! Brands.
Source Fool.com