Restaurant Brands New Zealand Limited ( (RTBRF) ) has shared an announcement.
Restaurant Brands New Zealand Limited reported record total store sales of $1,393.6 million for FY24, reflecting a 5.4% increase from the previous year. The company’s strategic initiatives, including revenue management and cost control, led to a 62.6% rise in net profit after tax to $26.5 million. The Group’s focus on margin recovery and customer experience has bolstered its competitive position, particularly in New Zealand and Hawaii, despite challenges in Australia and California. Investments in technology and digital channels have enhanced sales and customer access, while a portfolio optimization strategy has streamlined operations.
More about Restaurant Brands New Zealand Limited
Restaurant Brands New Zealand Limited operates in the quick-service restaurant (QSR) industry, focusing on well-known brands such as KFC, Pizza Hut, Taco Bell, and Carl’s Jr. The company manages a mix of owned and franchised stores across New Zealand, Australia, Hawaii, and California, with a strategic emphasis on customer loyalty, brand health, and competitive positioning.
YTD Price Performance: -1.12%
Average Trading Volume: 3,598
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $273.4M
See more data about RTBRF stock on TipRanks’ Stock Analysis page.