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Collins Foods Clarifies Sales Figures Amid Calendar Anomaly

Story Highlights
  • Collins Foods operates KFC and Taco Bell franchises in Australia and New Zealand.
  • Collins Foods clarifies that KFC sales figures include New Zealand, affecting comparability due to a 53rd week.
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Collins Foods Clarifies Sales Figures Amid Calendar Anomaly

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Collins Foods Limited ( (AU:CKF) ) has issued an announcement.

Collins Foods Limited issued a clarification regarding Yum! Brands’ fourth-quarter results, highlighting that the sales growth figures for KFC Australia also include New Zealand. The company noted a discrepancy in the comparability of sales due to a 53rd week in 2024, affecting the annual and quarterly results. This clarification is crucial for stakeholders as it impacts the interpretation of the company’s performance in the respective markets.

More about Collins Foods Limited

Collins Foods Limited is a company in the restaurant industry, primarily operating KFC and Taco Bell franchises. It focuses on providing quick-service meals and has a significant market presence in Australia and New Zealand.

YTD Price Performance: 3.97%

Average Trading Volume: 1,000

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $551M

For detailed information about CKF stock, go to TipRanks’ Stock Analysis page.

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