Yum! Brands Completes Sale of Pizza Hut to LongRange Capital
Yum! Brands announced the completion of the sale of Pizza Hut, excluding Mainland China (“Pizza Hut Ex-China”), to LongRange Capital (“LongRange”) for approximately $1.5 billion, subject to certain adjustments, with the opportunity for Yum! to receive an additional earn-out of $75 million by 2030 based on future performance. Together with the previously announced sale of […]
Chicken Salad Chick Names Drew Travis CFO
Chicken Salad Chick, the nation’s only fast-casual chicken salad restaurant concept, today announced the appointment of Drew Travis as Chief Financial Officer. Travis’s hiring follows the recent appointments of Jill Thomas as Chief Marketing Officer and Brian Lindley as Chief Development Officer in February, continuing key additions to the company’s executive leadership team. Travis brings more than […]
Graze Craze Same-Store Sales Surge 65 Percent in First Half of 2026
Graze Craze, the nation’s largest charcuterie franchise specializing in boards, boxes, and catering for every occasion, announced its remarkable performance for the first half of 2026, where it saw a 65% increase in same-store sales in the first six months over the same period in 2025. Graze Craze closed the second quarter with its 20th […]
Mountain Mike’s Pizza Experiences Meaningful Momentum in First Half of 2026
Mountain Mike’s Pizza, a leading family-style pizza chain for nearly 50 years, and home of the legendary crispy, curly pepperoni, massive 20-inch Mountain-sized pizzas and dough made fresh daily, has maintained significant national brand momentum through the first half of 2026. Fueled by meaningful franchise growth, impressive menu innovations, engaging digital campaigns and widespread recognition, Mountain […]
Yum! Brands Completes Sale of Pizza Hut China to Yum China Holdings
Yum! Brands, Inc. announced the completion of the sale of Pizza Hut in Mainland China (“Pizza Hut China”) to Yum China Holdings, Inc., for $1.2 billion. The transaction with Yum China represents one of two previously announced definitive agreements to sell Pizza Hut for $2.7 billion in the aggregate, subject to certain purchase price adjustments […]