Restaurant Brands finds flavour with investors

Sat, 18 Apr 2020

Kiwis will emerge from lockdown hungry for their favourite fast food, a fact that has not been lost on the investment community. Shares in Restaurant Brands NZ, owner of KFC in New Zealand, have climbed steadily since lockdown began, up 30 cents yesterday at $11.30, and an increase of 39.5 percent over the past 12 months. Forsyth Barr analyst Guy Hooper said he expects the corporate franchise group to experience a strong recovery in sales and be one of the “key beneficiaries” as drive through and delivery channels resume as the country...

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