Collins Foods Ltd
Collins Foods to restructure leadership and refocus global operations after review of KFC and Taco Bell businesses
Restaurant operator Collins Foods (ASX: CKF) has completed a strategic review of its global fast food business, resulting in new initiatives and changes to the management line-up. The review found that Australia remains a highly profitable market and Collins has committed to driving growth organically (through same-store sales) and via new restaurant openings. While making […]
Where to buy defensive stocks at the right price
If the coronavirus were an Olympic athlete, it would be smashing the best-ever marathon time by taking a sneaky short cut, or else heaving to a weightlifting record with a belly full of steroids. Yep – the vexatious virus is not playing by the rules, which puts paid to the notion that ‘recovery’ stocks such […]
What’s on the menu for fast food investors?
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 […]