must be bad .. or the forecasting dept have all gone on permanent holiday ;)
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This is the clue...
Current forecasts suggest the Group is 12-18 months away from achieving
margin recovery to FY22 levels.
new lows today
Over one million birds to be euthanised in Victoria as flu spreads
https://www.1news.co.nz/2024/06/19/o...s-flu-spreads/
jeez there price already expensive
How many birds do RBD sell to willing customers each day.
interesting on the earnings call yest for collins food ( kfc aust ) analyst got a response that margin outlook for 25 was for flat margins which was a change from previous outlook of improving margins 25.
RBD has similar outlook for 25 of improving margins so i wonder if they are going to change there outlook for 25 as well ?
chickens coming home to roost ? debt quite high if margins continue to be under pressure.
had a zinger burger there a while ago must say not as good as a yr or 2 ago
must be the cost cutting lol
I must admit. Our family hasn't bought KFC for like 4 months. We can easily afford it, but it's just not value for money now days.
If we want to grab junk food then Carl's Jnr or Wendy's etc offer much better value. And if it's chicken they want then ko ko dak offers something that looks and tastes less greasy.
It's difficult to see RBD as a business returning to the good old days.