Yum! Brands has initiated a formal strategic review of its Pizza Hut business alongside reporting third quarter (Q3) results. The owner of KFC, Taco Bell, Pizza Hut and Habit Burger Grill said it has appointed Goldman Sachs and Barclays as financial advisers to evaluate options for Pizza Hut. Chris Turner, CEO of Yum! Brands, said: “The Pizza Hut team has been working hard to address business and category challenges; however, Pizza Hut’s performance indicates the need to take additional action to help th ...