RBD - Restaurant Brands

[X-men]

Patience Nztx.....this puppy has suffered enough....CPI is at 3.3%. interest rate is going down.....6 months rate is at 6.95% with ANZ

Forecast recovery is 12-18months based on the recent update.

Already past 6 months....so...I do think SP had reached the button...$2.55

https://www.1news.co.nz/2024/07/17/banks-pull-forward-rate-cut-predictions-as-inflation-falls-to-33/

[winner69]

Dominós growth story is in tatters by the looks of yesterdays announcement.

The company revealed it will be closing 80 stores in Japan, which represents ~8% of its total outlets in Japan, and shutting down 20-30 stores in France, accounting for 5% of its total stores there.

And they didn’t give any guidance for FY24, nor any updates for the start of FY25, same to assume it is bad I guess.

[percy]

Dominós growth story is in tatters by the looks of yesterdays announcement.

The company revealed it will be closing 80 stores in Japan, which represents ~8% of its total outlets in Japan, and shutting down 20-30 stores in France, accounting for 5% of its total stores there.

And they didn’t give any guidance for FY24, nor any updates for the start of FY25, same to assume it is bad I guess.

Perhaps this will have the domino effect.?

[Rawz]

Perhaps this will cause the domino effect.?

lol

[bull....]

Dominós growth story is in tatters by the looks of yesterdays announcement.

The company revealed it will be closing 80 stores in Japan, which represents ~8% of its total outlets in Japan, and shutting down 20-30 stores in France, accounting for 5% of its total stores there.

And they didn’t give any guidance for FY24, nor any updates for the start of FY25, same to assume it is bad I guess.

prob what rest brands should be doing , closing loss making store's.

[X-men]

Back to $3 bull.... onwards upwards!

[bull....]

Back to $3 bull.... onwards upwards!

yes that be good

[Toddy]

I stopped off yesterday at the Papamoa KFC. I think the margins must be improving based on the size of my Colonel burger I ordered.
It was like a mini burger with a shrivelled piece of chicken.

RBD is doing a lot better then my Domino's investment on the ASX. Their lastest profit downgrade due to closing unprofitable stores didn't go down that well with the market.

[X-men]

This dog will be taken over next!

[bull....]

This dog will be taken over next!

collins was on the prowl according to the australian but i dont know if that meant rbd ?