A store manager of a Pizza Hut franchise in Indiana is mulling over a rehire offer from the worldwide pizza chain after he was fired for refusing to open the restaurant on Thanksgiving Day.
Tags: Pizza Hut
Yum Brands Misses Revenue Target as Pizza Hut, KFC See Lower Sales
Yum Brands fell short of revenue expectations in the second quarter as Pizza Hut and KFC struggled with declining same-store sales, while Taco Bell saw a 5% increase.
Gulf investor eyes the $1.7 bln stake in Kuwait’s Americana
The Gulf establishment, Adeptio LLC has approached Kuwait's fast-food chain, Americana, for buying out the 66.8% controlling stake held by the Al Kharafi family valued at $1.7 billion. Currently, the investor is conducting the due diligence but the final outcome will be based on the approval of the Americana franchisers.
Yum China spinoff becoming more probable: J.P. Morgan
The likelihood is growing that Yum Brands Inc (YUM.N) will spin off its China business, J.P. Morgan said in a client note, upgrading the company's shares to "overweight" from "neutral".
Third Point takes stake in Yum! Brands, stock climbs
Billionaire investor Daniel Loeb said on Friday his hedge fund has taken a new position in Yum! Brands (YUM.N), sending the fast-food restaurant company's stock up nearly 7 percent.
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