Earnings
Collins Foods posts positive sales as European business rebounds
The operator’s KFC restaurants in Australia reported a 6.1% increase in revenue growth to $955.5 million.
Collins Foods posts positive sales as European business rebounds
The operator’s KFC restaurants in Australia reported a 6.1% increase in revenue growth to $955.5 million.
Magellan Financial Group agrees to sell stake in Guzman y Gomez
The transaction is expected to be completed in two tranches in June and July, generating an estimated pre-tax profit on the sale of $34 million in FY22.
Weekly Global News Wrap: Chains’ latest earnings a mix bag due to inflationary pressures; Jack in the Box to try kitchen robots; Taco Bell offers $8m worth of scholarships
Here is a summary of the most interesting news stories of the week from around the world.
Domino’s half-year profit down, eyes delivery growth to counter labour pressures
The company expects to reach $4 billion in global food sales this year.
Retail Food Group’s first-half profit up 31.4%
The group saw higher average spend and its international business bouncing back.
Weekly Global News Wrap: Burger King pulls Whopper from discount menus; Subway CEO on new franchise focus; Chipotle opens 3,000th store
Here is a summary of the most interesting news stories of the week from around the world.
New Zealand’s Restaurant Brands sees sales exceed $1bn
Its California business played a significant role in the company’s performance.
Domino's eyes greater expansion in FY22; Japan sales 'negative' on one-year basis
The company’s first quarter network sales rose 8% or 4.3% on a same store sales basis.
