YUM · 10-Q · 2026Q2 · Full report

Distribution Channels

YUM BRANDS INC · 2026-08-05 · Importance 10 · Surprise 6

Pizza Hut uses multiple distribution channels, including delivery, dine-in and express locations such as airports. The system also includes restaurants operating under both the Pizza Hut and Telepizza brands, broadening its reach across traditional and nontraditional venues. Customers increasingly pay third parties to deliver or facilitate ordering, and YUM includes amounts subject to license fees in system sales. More than 99% of Pizza Hut units were franchise-operated as of June 30, 2026, making franchise and partner execution central to distribution.

Key facts

• We will continue to provide Byte by Yum! to Pizza Hut Ex-China subsequent to the sale and will provide certain enterprise technology and finance services under a transition services agreement. source