Restaurant Brand affirms annual earnings guidance, on look-out for US director

Thu, 21 Jun 2018

By Paul McBeth June 21 (BusinessDesk) - Restaurant Brands New Zealand, which operates the local KFC, Pizza Hut, Starbucks Coffee and Carl's Jr brands, affirmed guidance for annual earnings to rise 10 percent and said it's looking for a US director as it scouts out new opportunities in mainland America. Chair Ted van Arkel, who will step down next year, told shareholders in Wellington the company expects to deliver an annual profit of $43 million-to-$45 million in the 2019 financial year, largely in line with the April forecast for profit...

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