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Retail Food Group ( (AU:RFG) ) just unveiled an update.
Retail Food Group Limited reported a strong financial performance for the first half of FY25, with underlying EBITDA reaching $16.0 million, a 4.2% increase compared to the previous period. The company also announced an agreement to introduce the Firehouse Subs brand to Australia, planning to open 165 restaurants over the next decade. This strategic move aims to capitalize on the growing sandwich market, estimated to be worth over $1.7 billion, and is part of RFG’s broader strategy to enhance its market positioning. Additionally, the company showed resilience in challenging economic conditions by recording a 3.2% growth in domestic network sales and opening 25 new outlets while closing 17 underperforming ones, thereby improving overall network quality.
More about Retail Food Group
Retail Food Group Limited (ASX: RFG) operates in the retail food industry, focusing on coffee, café, and bakery brands such as Gloria Jean’s, Donut King, and Brumby’s. The company is committed to expanding its brand presence both domestically and internationally, with a significant market focus on enhancing retail systems and exploring growth opportunities.
YTD Price Performance: 0.06%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $73.1M
See more data about RFG stock on TipRanks’ Stock Analysis page.
