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Pizza Hut was established by two brothers who studied at the Wichita State University in 1958 . The second store opened six months after the first , and six months after that they had opened an additional four locations . The Yum ! Brands-owned company operates more than 16,900 stores across the globe . Kentucky-based Yum ! Brands also owns KFC and Taco Bell . In the fourth quarter of 2018 , Pizza Hut saw its worldwide system sales increase by 2 %. 97 of the brands ’ stores were refranchised throughout the year . www . businesschief . com