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Originally Posted by Toddy
Possibly. But there is also a good chance that these sales growth results are just a blip on the landscape as massive headwinds with cost pressures facing the loyal customer base.
Im picking that sales growth will fall away.
Oh for sure, I absolutely don't expect +15% NZ growth to continue, especially as the comp periods lap the price increases. But by how much do you think they fall? That's what this game is about.
I would point out:
- We are already in a recession. Q1 sales update was a live view of how sales perform in a downturn (for NZ division).
- During the GFC, Restaurant Brands’ KFC stores SSS growth slowed from +7.7% to +4.4%... that's pretty bloody good.
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