Yum! Brands announced on January 8, 2025, the termination of its franchise agreements with IS Gida A.S., its franchisee operating KFC and Pizza Hut restaurants in Turkey. This decision was made because IS Gida failed to meet Yum! Brands’ operational standards.
The termination will result in the temporary closure of 283 KFC and 254 Pizza Hut restaurants across Turkey. Yum! Brands emphasized its commitment to maintaining high-quality operational standards globally.
The company expects to record a pre-tax special charge related to this market exit. This strategic move highlights Yum! Brands' focus on franchisee performance and brand integrity, even if it means reducing its footprint in certain regions.
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