RBD - Restaurant Brands

[Grimy]

I bought in many years ago (against the advice of my advisor) in the mid-90 cents. Then the calls for 'fat-tax' and curbs to fast food retailers became louder and louder. I guess I got a bit worried and sold in the high $2.00s.
One of my poorer investment decisions (but not the worst!), but seemed right at the time.....
Also liked the free shareholder voucher once a year. Do they still do that?

[BlackPeter]

Nasty looking downtrend confirmed with the cross of death in mid January.

Just wondering whether it really does not matter that the regular consumption of their products makes many of their customers fat and unhealthy ...?

But probably it is just the rising interest rates and the dropping real estate prices which make punters feeling sick as well?

No worries ... another fatty chicken with large fries and an extra large coke will solve the misery.

[Rawz]

I had some KFC goodness the other day. Juicy, tender, crispy skin and well priced!

With the cost of living crisis a lot of the usual restaurant outings might have to be replaced by a box of the colonel's finest?

[Muse]

I had some KFC goodness the other day. Juicy, tender, crispy skin and well priced!

With the cost of living crisis a lot of the usual restaurant outings might have to be replaced by a box of the colonel's finest?

did you get a Double Down?

Or even better, TWO double downs?
lol

[nztx]

did you get a Double Down?

Or even better, TWO double downs?
lol

Better keep up those habits and then some so RBD keeps being inclined to spit out more growing dividends

[bull....]

KFC NZ will join Australia in replacing lettuce with cabbage as fast food joints struggle to source the leafy vegetable around the country.

https://www.nzherald.co.nz/nz/lett-u...TQGCRXU6B6LOQ/

[winner69]

Think this is a profit warning

Half year npat 14m-16m v 23m normalised last year …they say

COVID-19 continues to affect Restaurant Brands’ business operations, with high case numbers resulting in staffing issues for the business as well as its contractors and suppliers.

Worldwide inflationary pressures have resulted in the company experiencing significant cost inflation across all regions. The company has implemented price increases where possible in response to increased costs.



http://nzx-prod-s7fsd7f98s.s3-websit...951/375378.pdf

[bull....]

massive drop in profit , that inflation is killing them. cant keep increasing prices as there customer base wont like that

[winner69]

RBD highlights what inflation can do to profits

Sales up 8.4% ....pretty good in circumstances

Costs/Expenses up 10% .... they say inflation etc

Means NPAT down 30% (this years margin 2.6% v 4.2% v pcp

Other retailers in same boat?

[percy]

RBD highlights what inflation can do to profits

Sales up 8.4% ....pretty good in circumstances

Costs/Expenses up 10% .... they say inflation etc

Means NPAT down 30% (this years margin 2.6% v 4.2% v pcp

Other retailers in same boat?

Yes really hurts retailers especially low margin high volume retailers.
Our Russell has been through it all before,so I expect this is a hiccup in RBD's strong growth trajectory.