CEO musical chairs
There’s been CEO changes revealed at two mid-tier ASX companies, with a surprising common factor.
Read MoreTag: CKF
Collins Foods sees strong 2023-24 performance
Shares in the fast food chain operator Collins Foods (ASX:CKF) jumped 10% to $10.30 on Tuesday after the company lifted its dividend following a very solid revenue and earnings performance in its 2023-24 financial year.
Read MoreCollins Foods shareholders get dividend increase
Shareholders in fast-food group Collins Foods (ASX:CKF) will receive an increase of half a cent in their interim dividend, bringing it to 12.5 cents per share.
Read MoreKFC chain Collins Food surges despite inflation concerns
Shares in KFC chain Collins Foods (ASX:CKF) surged on Tuesday following an impressive start to the 2023-24 financial year, despite concerns over rising inflation costs.
Read MoreCollins Foods Not So Fast for the Moment
The boom in fast food sales has faded as the lockdowns have vanished, with the fall in consumer spending hurting Tuesday’s interim report from Collins Foods.
Read MoreCollins Foods Feathering the Nest Nicely
In a case of life imitating art, KFC owner Collins Foods took plenty of investor money in Tuesday’s ASX session, jumping more than 10% after a strong 2021-22 annual result.
Read MoreCKF – UBS rates the stock as Neutral
Neutral retained. Target is reduced to $9.15 from $14.10.
Read MoreFast Food Apparently a Staple in Lockdown
The recent lockdowns clearly boosted the Sep half-year performance of Collins Foods, the parent company of KFC and Taco Bell in Australia, in turn helping the company’s shares jump 12%.
Read MorePlenty of Takeaways from Collins Result
Thanks to Covid, fast-food giant Collins Foods turned in a better-than-expected full-year result with revenue topping the billion-dollar level for the first time.
Read MoreTaco Bell, KFC Deliver For Collins Foods
KFC and Taco Bell chains operator, Collins Foods has seen its shares jump after it released results that confirmed it had ridden the COVID-19 takeaway boom in the six months to October 18.
Read MoreKFC Delivery A Winner For Collins Foods
Momentum in KFC Australia underpins Collins Foods as consumers readily engage with the company’s delivery options and as restrictions around dining-in continue to ease.
Read MoreHealthy Dividend Helps Investors Maintain Appetite For Collins Foods
Collins Food shares jumped more 13% at one stage yesterday despite a COVID-19 driven fall in earnings for the year to May 3.
Read MoreAnalysts Show Mixed Appetite For Collins Foods
Collins Foods shares added another 1.5% yesterday on top of the 7% gain on Wednesday in the wake of a solid interim profit result and higher dividend. And some analysts think the stock has a little way to run higher, but others are doubtful.
Read MoreCKF – UBS rates the stock as Buy
The broker describes Collins Foods’ full-year result as solid, driven by continued acceleration in KFC Australia sales growth and strong cash conversion. Delivery is becoming an important growth driver and 20 more KFC outlets were added to aggregator platforms in the second half.
Read MoreSizzler Fizzles But KFC Delivers For Collins Food
Judging by the full year results for Collins Food, the fast food sector seems to be a small spot of light – food delivery that is.
Read MoreCollins Foods Hopes Third Time Lucky For Taco Bell
Brisbane-based Collins Foods plans to open at least 50 Taco Bell stores after the success of its first outlet in the Brisbane suburb of Annerley.
Read MoreKFC Fuels Collins Foods Earnings
Shares in KFC and Sizzler restaurants operator Collins Foods continued to rise yesterday in the wake of Wednesday’s interim earnings release.
Read MoreCollins Foods returned to solid profits
Restaurant operator Collins Foods returned to solid profits in the year to May 1 as its KFC chain of fast food outlets lifted their performance.
Read MoreKFC Bulks Up Collins Foods’ Profit
Collins Foods (CKF) boosted interim profit and dividend after a better than expected result from its KFC fast food franchises offset another weak effort from its fading Sizzler stores.
Read MoreCollins Foods Loses Its Sizzle
Fast food group Collins Foods (CKF) has boosted its final and full year dividends despite a full year loss after a big write down in the value of its faltering Sizzler chain.
Read MoreNo Sizzle In Collins Foods
Collins Foods (CKF), the KFC franchisee and target of a failed board shake-up earlier this year, reported an interim loss of $23 million after impairing the value of its struggling Sizzler chain.
Read MoreSizzler Drags On Collins Foods
Yes, there’s money in some areas of the fast food sector, but not all, if the annual results from Collins Foods Ltd are any guide.
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