Pizza Hut,Domino’s, andPapa Johnshave all crystalized as the leaders in the pizza industry.
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This trend started to change in 2022.
The fourth quarter of 2022 is where the chain really shined.
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What exactly could be the reason for this strong showing?
David Gibbs, the CEO of Pizza Hut’s parent company Yum!
Pizza Hut Melts are similar to what you would get if you folded two pieces of pizza together.
Gibbs saidthat interest in good value meal options had increased, and Pizza Hut Melts were one of Yum!
Brandsexceeded analyst expectationsforearnings and revenue overall in the quarter.
