Consumer spending around Australia is at its lowest point since 2000, but two products which are seemingly immune to cost-of-living pressures are fried chicken and pizza according to Restaurant Brands (ASX: RBD) and sales from their KFC, Pizza Hut, Carl’s Jr and Taco Bell stores. For the quarter ended 31 March 2024, Restaurant Brands reported
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Say what you will about eating healthier, saving money and being more eco-conscious, but there’s just something about fried chicken that dispels any need to be a “better” consumer. New Zealand-based fast food restaurant company Restaurant Brands (ASX: RBD) is a testament to that. With total sales for the first quarter to March 31, 2023,
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New Zealand-based corporate franchisee, Restaurant Brands (ASX: RBD, NZX:RBD) who operates brands such as KFC, Pizza Hut and Taco Bell, has reported its total sales for the third quarter ended September 30, 2022. The fast food conglomerate who operates in New Zealand, Australia and the US, has been clawing back to profit after the Company
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Australian retail investors have been prevented from taking a decent bite out of the fast food sector to date, which is a pity given its proven resilient qualities. Market leader McDonald’s is listed in the US, but not here, while Red Rooster and Hungry Jack’s are privately owned. KFC’s ownership is more complex. According to
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