Taco 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 More
Collins Foods Limited
Collins Foods is a KFC franchisee in Australia and Europe, a Taco Bell franchisee in Australia as well as the owner of Sizzler restaurants in Australia and the franchisor for Sizzler in Asia.
Collins Foods operates from Brisbane, Queensland, Australia.
We currently operate 240 KFC restaurants throughout Australia – Queensland (149); New South Wales (11); Victoria (4); South Australia (8); Tasmania (14); Western Australia (49); and Northern Territory (5).
As well as Australia, Collins Foods owns KFC stores in Germany (18) and the Netherlands (23).
Collins Foods also operates 11 Taco Bell restaurants – 9 in Queensland (Annerley, Robina, North Lakes, Cleveland, Southport, Logan Central, Currajong, East Ipswich and Keperra) and 2 in Victoria (South Yarra and Hawthorn) as well as 10 Sizzler company owned restaurants in Australia – Queensland (6); New South Wales (1); and Western Australia (3). In addition, the Company has 76 franchised Sizzler restaurants around Asia.
We seek continuous improvement in all areas of our operation and work towards the following company missio
Videos
Videos coming soon for Collins Foods Limited.
All Collins Foods Limited Content
News
KFC 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 More
Healthy 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 More
Analysts 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 More
Sizzler 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 More
Analyst Views
CKF – 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 More
CKF – UBS rates the stock as Buy
First-half results beat UBS estimates and KFC Australia impressed with operating earnings growth of 24%, supported by 14% growth in stores. An unusually hot summer in Europe affected sales, down -2.5%.
Read More
CKF – UBS rates the stock as Buy
First half results were in line with UBS estimates, although Europe was behind. The broker envisages solid growth opportunities from the company’s expansion strategy.
Read More
CKF – UBS rates the stock as Neutral
First half results beat UBS estimates by 10%. The broker acknowledges it underestimated the potential cost containment within KFC, and Sizzler also surprised on the upside.
Read More
CKF – Deutsche Bank rates the stock as Buy
The company has acquired 11 KFC stores in Germany. Deutsche Bank considers this to be minor positive given the accretive nature of the deal and potential for further opportunities in a new growth market.
Read More
