Pizza Hut, GrubHub troubles dent Yum profits; shares fall

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Yum Brands Inc missed earnings expectations, largely hit by a write down in the ...

“The Pizza Hut U.S. business... has some unique challenges given the dining state and the conditions of the assets... So that’s what they’re trying to address by moving to a more modern delivery estate,” incoming Chief Executive Officer David Gibbs said.

Overall same-store sales at Pizza Hut were flat, compared with analysts’ estimate of 1.46% growth. KFC rose 3%, also missing expectations. “That was one of the big bull pieces to the story, the big Pizza Hut turnaround... it seems to be falling kind of flat.”

 

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I think pizzahut should stop making terrible tasting pizza. Used to be my favorite place to go as a kid, but the quality was night and day 20-some years ago.

Grub Hub is slow. Maybe if they wouldn't take 1hr to bring 'fast food', people may use Grub Hub more often. I use Door Dash and get my food in half the time of Grub Hub, plus more variety of restaurants (in my area anyway).

Yum

Problem with Pizza Hut is mostly the pizza

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