ASX Announcements
Notification of cessation of securities - CKF
Appendix 3H (Notification of cessation of securities)
- Jan 10, 2025
- 4 pages
Update - Notification of cessation of securities - CKF
Appendix 3H (Notification of cessation of securities)
- Jan 10, 2025
- 4 pages
Notification regarding unquoted securities - CKF
Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)
- Jan 10, 2025
- 6 pages
Notification of cessation of securities - CKF
Appendix 3H (Notification of cessation of securities)
- Jan 10, 2025
- 4 pages
January
- Exclusive
- Food
Wendy’s takes on burger rivals with first Australian store in decades
The world’s third-largest burger chain is launching after months of taste-testing and planning. But other big American brands have tried, and failed, to grow.
- Updated
- Joanne Tran
PE giant pulls $800m bid for owner of Chargrill Charlie’s, Oporto
Affinity Equity Partners has walked away from the deal to buy Craveable Brands, which it struck in October. The business also owns the Red Rooster brand.
- Kanika Sood
December 2024
Making money from $8 burgers gets harder for KFC
Rising wages costs and energy bills at a time of consumer cutbacks crunched profits at Collins Foods, which operates 285 of the 750 KFC outlets in Australia.
- Simon Evans
November 2024
Guzman y Gomez thinks drive-through outlets are the future
Co-CEO Steven Marks says a full suite of tradies, families, commuters and those with late-night hunger pangs are captured at a drive-through, although they cost more to set up.
- Simon Evans
Has the Zinger met its match? KFC battles a new wave of chicken shops
From Lebanese chain El Jannah to Korean outfit Gami, rapidly growing players are increasingly cutting the lunch of fast food stalwarts and hurting their investors.
- Simon Evans
October 2024
Guzman y Gomez says it’s on track to hit bullish growth forecasts
The Mexican-themed fast food chain has divided the market with its big plans, but says it’s on course to meet this year’s projections after posting quarterly sales of $280 million.
- Carrie LaFrenz
‘Stretched valuation’: Dump GyG for KFC, says Goldman Sachs
It has initiated coverage on Guzman y Gomez with a “sell” rating, predicting its shares will drop 12 per over the next 12 months.
- Alex Gluyas
August 2024
Guzman y Gomez is nearly a $4b company
The Mexican-themed fast-food chain is outstripping rivals in delivering strong same-store sales growth and closed at a record on Tuesday.
- Updated
- Simon Evans
Fried chicken margins shredded as costs bite Collins Foods
Shares tumble at the KFC and Taco Bell operator as it reels under the strain of rising staff, energy and store costs.
- Carrie LaFrenz
June 2024
Guzman y Gomez isn’t the only fast food giant with big plans
McDonald’s, Pizza Hut, Wendy’s. The race is on for who can grab the biggest slice of a $25 billion market, as big players scramble for sites and customers.
- Updated
- Simon Evans and Carrie LaFrenz
Forget higher rates, UBS says buy consumer stocks
The broker’s upgrade of consumer discretionary stocks including Super Retail and Collins Foods comes despite a flurry of profit warnings from the sector this week.
- Alex Gluyas
KFC eaters are cutting back as economy slows
Collins Foods runs 279 KFC outlets in Australia and says same-store sales have gone backwards in May and June, but Taco Bell, a small rival to Guzman y Gomez, is making minor headway.
- Simon Evans
- Opinion
- Chanticleer
How the market lost its mind over the Guzman y Gomez float
The reaction to the fast-food group’s IPO has startled many market watchers. But strip away the memes, hoodies, bulls and bears, and it’s all about valuation.
- Updated
- James Thomson
Bears emerge as Guzman y Gomez’s blockbuster IPO nears
Morningstar has told clients that the $22 initial public offering price is “too high” to what it considers fair value for the Mexican-themed fast-food chain.
- Updated
- Joshua Peach
April 2024
ASX stocks at risk from Ozempic – and ResMed isn’t one of them
Morgan Stanley brokers say the explosion of interest in the weight loss drugs will be far bigger than first thought. And these major companies could get hit.
- Joshua Peach
February 2024
These companies nailed the gender pay challenge. It wasn’t easy
Companies such as Super Retail Group, Wesfarmers, PwC and Cotton On have the most balanced pay rates between men and women employees.
- Sally Patten
January 2024
The best piece of advice the CEO of this $1.5b company was given
Drew O’Malley, chief executive of Collins Foods, operator of KFC fast food outlets, answers our CEO Q&A.
- Sally Patten
November 2023
KFC operator’s shares climb, even as customers trim spending
Investors in Collins Foods, which runs 275 KFC stores in Australia, have made share price gains of 45 per cent since mid-June.
- Simon Evans
- Opinion
- 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.
- James Thomson
October 2023
- Best Of 2023
- BOSS
How these six CEOs are using AI in their businesses
It is clear that corporate Australia is only at the beginning of its journey with the technology, amid an era defined by low productivity.
- Sally Patten and Euan Black