Chanticleer
Colonel Sanders v the RBA: Raising prices is getting harder
Collins Foods delivered a big profit beat, but a recent slowdown in sales suggests rate hikes are starting to dampen demand in a big way.
Is it time for Wicked Wings all around at the Reserve Bank’s Martin Place headquarters?
A big first-half profit beat from ASX-listed KFC store operator, Collins Foods, sparked a near 10 per cent rally in the stock, but a sharp slowdown in sales growth in recent weeks suggests RBA governor Michele Bullock may be finally starting to dampen the “homegrown demand” she has been warning against.
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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
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