Asset Plus Ltd announced its intention on Friday to build a fast-food restaurant for Restaurant Brands Ltd on a bare site at the Eastgate Shopping Centre in Christchurch.
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Restaurant Brands says it can ride out closures
Restaurant Brands NZ Ltd closed all its 148 KFC, Pizza Hut, Carl’s Jr & Taco Bell fast-food outlets in New Zealand on Wednesday and will keep them closed for at least 4 weeks.
Read more →Propbd on Q T19March19 – Eden Park loan, Warehouse profit, Restaurant Brands stake
Auckland Council secures Eden Park loan – Warehouse lifts adjusted NPAT 5.2% – Global Valar at 87.1% of Restaurant Brands
Read more →Finaccess unconditional on Restaurant Brands partial takeover
Mexican investor Finaccess Capital SA de CV, through its subsidiary Global Valar SL, lifted its stake in NZX-listed Restaurant Brands NZ Ltd to 61.7% on Tuesday and declared its partial takeover offer unconditional.
Read more →Propbd on Q M11March19 – Restaurant Brands, Arvida
Mexicans get to 49.5% of Restaurant Brands – Arvida sales, margins & construction all up
Read more →Restaurant Brands announces Taco Bell rollout as Mexican takeover documents posted
Restaurant Brands NZ Ltd announced plans yesterday to roll out over 60 Taco Bell restaurants in Australia & New Zealand as directors said they would sell their shares to prospective new 75% owner of the listed company, Finaccess Capital SA de CV of Mexico.
Read more →Updated: Restaurant Brands completes Starbucks sale, working on FinAccess offer
Restaurant Brands NZ Ltd said yesterday it had completed the sale of its Starbucks Coffee business to Tahua Capital Ltd.
Read more →Propbd on Q Th4Jun15 – Licensing, empowering communities, erosion; Restaurant Brands sales up; building stats; panel change
3 units sell at Ray White auction – A productive forward-looking day at the council – Restaurant Brands lifts quarterly sales 14.7% – Stories online – building completions, hearing panel change
Read more →2 listed companies introduce quite different CEO incentive plans
2 NZX-listed companies, Sanford Ltd & Restaurant Brands NZ Ltd, introduced the latest in executive incentive plans yesterday.
Read more →67% lift for Restaurant Brands trading result
Published 4 March 2010 Restaurant Brands Ltd said today its trading result for the year to 28 February would be 67% higher than the previous year, the result of a combination of stronger-than-expected trading over the last quarter (especially from its KFC stores) & the successful resolution of a pricing review with a major supplier. […]
Read more →Bid for Restaurant Brands falls through
Published: 11 October 2005 Restaurant Brands NZ Ltd said today the takeover by a subsidiary of CVC Asia Pacific Ltd was off. The market reaction was a 13c drop in the share price, which closed at $1.27 – down 1c on the price before the bid was announced. The conditional takeover offer by NZ Restaurant […]
Read more →Citibank fund launches Restaurant Brands bid
Published: 14 June 2005 A Citibank fund made a conditional $1.65/share offer today for Restaurant Brands NZ Ltd. That’s a 29% premium on the last sale price of $1.28. The offer vehicle is NZ Restaurant Holdings Ltd (incorporated on 10 June, directors Adrian MacKenzie & Joshua McKean).Mr MacKenzie is CVC Asia Pacific Ltd’s managing director […]
Read more →Restaurant Brands marks time
Restaurant Brands NZ Ltd marked time in the latest quarter (the 16 weeks to 6 September), with total sales down 0.5% to $95.3 million. Same-store, sales fell 1.4% for the quarter, 0.6% for the year to date. KFC sales for the quarter fell 2.3% to $52.3 million and were down 1.5% same-store. The chicken chain […]
Read more →Restaurant Brands profit chopped 27%
Restaurant Brands NZ Ltd said today net profit after tax for the year to 29 February was $8.1 million – down $3 million (27%) on the previous year’s earnings but in line with expectations. It was made on sales up 2.2% at $304.6 million. The company’s brief NZX announcement also said: KFC sales & margin […]
Read more →Restaurant Brands increases margins though bottom line down
Strong returns achieved through cost management Restaurant Brands NZ Ltd improved margins in all 4 of its businesses in the 6 months to 28 February, which is now the year-end balance date. But the bottom line fell 52.3% in the February 2003 year, and earnings/share fell by slightly more than that on increased equity. The […]
Read more →Restaurant Brands quarter sales up
Non-KFC growth strong Restaurant Brands reported total sales for the 12 weeks to 4 September up 7.4% to $53 million, the seventh consecutive quarter it has improved returns over the same period the previous year. Its strategy of growing non-KFC sales worked well — KFC sales grew 0.5% to $39.5 million, but same-store sales fell […]
Read more →Restaurant Brands raises overall sales
Same-store picture less rosy Restaurant Brands NZ Ltd increased sales for the 12 weeks to 24 February by 8.6% to $68.6 million, pushed along by Pizza Hut 6.3% increase to $17.3 million. “Pizza Hut continues to benefit from the expansion into home delivery & takeaway and has recorded 11 straight quarters of sales growth. “The […]
Read more →Restaurant Brands profit up 26.8% to $12.2 million
Starbucks still growing, KFC refurbishing Restaurant Brands NZ Ltd increased net profit after tax & abnormals by 26.8% to $12.2 million in the 30 November year on sales up 12.7% to $258.8 million. Earnings before interest, tax, depreciation & amortisation (ebitda) rose 14.8% to $46 million. Earnings/share rose 23.9%, from 10.65c to 13.19c. KFC sales […]
Read more →Mixed menu from Restaurant Brands
Unusuals & 15-month accounts complicate picture Restaurant Brands NZ Ltd turned in an unusual result yesterday — a 15-month performance after changing its balance date from November to 28 February, an after-tax figure for the 12 months to February (it had already reported on the 12 months to November) excluding the effects of strategic initiatives, […]
Read more →Restaurant Brands’ profit down 24.6% in restructure year
Company says all three of its chains poised for bigger returns Restaurant Brands NZ Ltd raised revenue by 9% in the year to 30 November but net profit fell 24.6%, which the company attributed to its expansion programme. Looking forward, Restaurant Brands says the Pizza Hut chain is on a sustainable growth path and has […]
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