Pizza Hut is a wholly owned subsidiary of Yum! Brands founded in 1958 in Wichita, Kansas. With over 34,000 outlets in 100 countries, Pizza Hut aims to provide quality pizza and a family dining experience. The company analyzes strengths like brand recognition and variety against weaknesses such as high costs and rising ingredient prices. Pizza Hut targets middle-income youth and families with promotions through advertising, affordable pricing, and convenient locations in malls and airports.