Welcome to Restaurant Brands

Company Profile

Restaurant Brands New Zealand Limited operates the New Zealand outlets of KFC, Pizza Hut and Starbucks Coffee and has recently acquired the rights to Carl's Jr.

These food brands - some of the world's most famous - are distinguished not only for their product but also for the look, style and ambience of their outlets, for the service they provide, and for the total experience they deliver to their customers in New Zealand and around the world.

Restaurant Brands New Zealand Limited is listed on the New Zealand Stock Exchange.

Latest News

Restaurant Brands’ Fourth Quarter Sales up 6.4%

5 March 2014

Restaurant Brands' total sales across the company’s four brands during the fourth quarter (12 weeks ended 24 February 2014) were $77.6 million, an increase of 6.4% or $4.7 million on the equivalent period last year.

The Carl’s Jr. brand of burger restaurants, launched in November 2012 was a key contributor to the sales increase at $1.9 million with KFC contributing $2.7 million.

Same store sales for the company were up 3.5% with strong growth in KFC which grew 4.1%. Starbucks Coffee was up 7.6% and Pizza Hut up 8.9%. Carl’s Jr was down 59.1% as it rolled over very high new store opening sales in the two stores opened last year.

Restaurant Brands announces third quarter sales results

11 December 2013

Restaurant Brands' total sales across the company’s four brands during the third quarter (12 weeks ended 2 December 2013) were $76.2 million, an increase of 5.4% or $3.9 million on the equivalent period last year.

The new Carl’s Jr. brand of burger restaurants, launched in November 2012 was the largest contributor to the sales increase at $3.9 million.

Starbucks Coffee sales increased 2.7%, with Pizza Hut down 0.4% and KFC total sales decreasing 0.1% in the quarter against the prior year.

Same store sales for the company were up 0.2% with strong growth in Starbucks Coffee up 7.7% and Pizza Hut up 12.7% with KFC showing a decrease of 2.7%.

Spoilt for Choice

3 December 2013

Auckland Airport Retail has welcomed two new restaurants to the area, Carl’s Jr. and KFC on the corner of George Bolt Memorial and John Goulter Drives.

The $4.5 million investment by parent company Restaurant Brands signals their confidence in the growth potential of the Auckland Airport Shopping Centre. Both restaurants have drive-thru and feature new innovations such as digital menu panels.

Restaurant Brands CEO, Russel Creedy, says they “expect customers to come from the local community and people travelling to the airport.”

Carl’s Jr. is still a relative newcomer to the New Zealand market but has quickly become a firm favourite with Kiwis.

Creedy says “Carl’s Jr. is the ultimate destination for burger enthusiasts. We use 100% certified Angus beef in our Thickburgers and every meal is made-to-order and delivered to your table, in an inviting environment.”

It has just launched a promotional burger called the Hawaiian Teriyaki Burger featuring its signature- charbroiled beef, teriyaki glaze and grilled pineapple.

Carl’s Jr. opens at 7am daily and features a breakfast menu, which includes breakfast platters, sandwiches, pancakes and hash rounds.

Each of the new restaurants will seat approximately 80 people and employ 40 people from the local community.

KFC has just launched two special Surf Safe Variety meals and will donate $2 per sale to Surf Life Saving NZ, which launches its annual appeal this week.

Restaurant Brands announces half year profit results for the half year ended 9 September 2013

17 October 2013

• Net Profit after Tax (excluding non-trading items) for the 28 weeks ended 9 September 2013 (1H 2014) was $8.8 million (9.0 cents per share), the same as the prior period (1H 2013). Reported profit (including non-trading items) was $9.7 million (9.9 cents per share), up $2.8 million or 41.4% on the prior period.

• Total revenues of $176 million were up 5.3% on the previous half year, mainly because of the contribution from the new Carl’s Jr. brand. Same store sales were up 2.9% for the half year, driven by ongoing improvement in Pizza Hut which was up 19.3%.

• Total brand EBITDA was up $0.2 million to $27.2 million, with a very strong performance by Pizza Hut, partly offset by lower earnings from KFC and new store establishment costs in Carl’s Jr.

• Non-trading items made a positive pre-tax contribution of $1.1 million, mainly arising from the successful sale and leaseback of two KFC stores in Lower Hutt and Greenlane.

• Directors have declared a fully imputed interim dividend payable on 22 November 2013 of 6.5 cents per ordinary share, consistent with last year.

Restaurant Brands announces second quarter sales results

18 September 2013

Restaurant Brands’ Second Quarter Sales up 6.2% Restaurant Brands' total sales across the company’s four brands during the second quarter (16 weeks ended 9th September 2013) were $102.1 million, an increase of 6.2% or $6.0 million on the equivalent period last year.

The new Carl’s Jr. brand of burger restaurants, launched in November 2012 was the largest contributor to the sales increase at $4.3 million.

KFC total sales increased 2.4% in the quarter. Starbucks Coffee sales decreased 1.2% and Pizza Hut sales were in line with last year.

Same store sales for the company were up 2.7% with KFC showing a small increase of 0.4%, Starbucks Coffee up 5.8% and Pizza Hut well up with 13.2% growth.

Restaurant Brands announces first quarter sales results

29 May 2013

29 May 2013 Restaurant Brands’ First Quarter Sales up 3.9%

Restaurant Brands' total sales across the company’s four brands during the first quarter (12 weeks ended 20th May 2013) were $73.3 million, an increase of 3.9% or $2.8 million on the equivalent period last year.

The new Carl’s Jr. brand of burger restaurants, launched in November 2012 was the largest contributor to the sales increase at $2.3 million with three stores trading for most of the quarter.

KFC total sales increased 0.1% in the quarter. Starbucks Coffee sales decreased 5.1% and Pizza Hut sales were up 6.7%.

Same store sales for the company were up 3.2% with KFC showing a small decrease of 0.9%, Starbucks Coffee up 1.7% and Pizza Hut well up with 28.6% growth.

Restaurant Brands announces full year results for year ended 28 February 2013

28 February 2013

Group Net Profit after Tax (excluding non-trading items) was $17.7 million (18.0 cents per share), down 3.9% on prior year.

Total Group Revenue of $312.8 million was up $3.9 million (+1.3%) with growth from KFC and Pizza Hut, together with new sales from Carl's Jr. partly offset by a reduction in Starbucks Coffee sales.

KFC sales continued to grow to a new high of $237.0 million with store transformations continuing to provide positive growth.

Pizza Hut delivered a very stron result with same store sales up 21.2% to $47.9 million and EBITDA up 80.8%.

Restaurant Brands announces fourth quarter sales results

7 March 2013

Restaurant Brands NZ Limited's full year sales for year ending 25 February 2013 were $311.9 million, an increase of 1.2% on the previous year.

KFC saw an increase of 0.3% in total sales for the full year, rolling over a 0.2% increase in the prior year. Pizza Hut had a full year sales increase of 5.3% despite selling thirteen stores to independent franchisees and closing one store. Starbucks Coffee recorded a decline in full year sales of 5.1%, mainly due to the closure of six stores. Two Carl's Jr. stores were opened in the last quarter and contributed $1.9 million to full year sales.

On a same store basis, the company recorded a 1.9% increase for the year with KFC's full year sales down 1.0%, Pizza Hut's up 21.2% and Starbucks Coffee down 1.7%.

For the 4th quarter, total sales across the company's four brands were up 4.5%. Same store sales increased 3.9% with all brands growing, particularly Pizza Hut which was up 28.6%.

Share Price

RBD Share Price

$3.08

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