Analysts mixed on KFC operator's recovery

Analysts mixed on KFC operator's recovery
Restaurant Brands has 376 stores across NZ, Australia and the US. (Image: File)
Gregor Thompson
New Zealand’s fast food operator Restaurant Brands looks to be recovering from inflationary pressures that have eaten into the company’s margins in recent quarters, Macquarie says. Despite reporting a disappointing $2.2 million net profit in the first half of 2023, the Macquarie analysts expect Restaurant Brands’ annual profit to land within the $12m to $16m guidance it gave the market last month after a strong expected performance in the fourth quarter. The company, which operates KFC, Pizza Hut, Carl’s Jr, an...

More Retail

Capital raise helps Paper Plus co-op out of jam
Retail

Capital raise helps Paper Plus co-op out of jam

The co-operative tapped members last year after it breached banking covenants.

Gregor Thompson 29 Jul 2025
Time ripe to stop forex fees confusion
Finance

Time ripe to stop forex fees confusion

Misleading 'fees free' foreign exchange deals are costing Kiwis.

Pattrick Smellie 22 Jul 2025
Warehouse reshuffles exec team
Retail

Warehouse reshuffles exec team

The Warehouse Group has reshuffled its executive team ahead of its leadership transition at the end of the month.On Friday, the retail group appointed Stefan Knight as chief financial officer. Knight will exit his role as financial director at Spark New Zealand and start on Aug 1...

Staff reporters 18 Jul 2025
Why Promisia's promised land is Cromwell
Retail Small Cap Wrap

Why Promisia's promised land is Cromwell

Plus chicken and eggs with BlackPearl, Rua goes for gold in Reefton, and more.