9 April 2014
Group Net Profit after Tax (excluding non-trading items) was $18.9 million (19.3 cents per share), up 6.8% on prior year.
Total Group Revenue of $330.4 million was up $17.6 million (+5.6%) with growth from KFC and the roll out of the Carl's Jr. brand.
KFC sales continued to grow to a new high of $241.5 million despite competitive market conditions.
Pizza Hut and Starbucks Coffee continued to deliver solid same store sales growth, up 15.3% and 5.7% respectively.
The roll out of the new Carl's Jr. brand commenced in earnest with six new stores opened over the year, contributiong $12.4 million in incremental revenue and bringing store numbers to eight.
Total store EBITDA of $53.5 million was up $2.0 million (3.9%) on the prior year with a continued strong performance by Pizza Hut and Starbucks Coffee, together with positive earnings from Carl's Jr. offsetting slightly reduced margins in KFC.
Operating cash flows were $32.7 million, marginally down on prior year. Investing cas flows were $9.8 million favourable to the prior year with the impact of property sale and leasebacks and continued sell down of Pizza Hut stores. As a result new debt fell to $8.2 million at year end.
A final fully imputed devident of 10.0 cents per share will be paid on 27 June, making a full year dividend of 16.5 cents (up 3.1% on the previous year).
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.
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.
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%.
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%.
12 December 2012
Palmerston North burger lovers were the first outside of Auckland to sink their teeth into Carl's Jr.'s famous charbroiled burgers when the first regional restaurant in Restaurant Brands nationwide rollout opened in the city on Wednesday 12 December.
The Palmerston North restaurant on Ferguson Street will employ 70 new staff from the region and the local team are excited to be opening the doors to local burger fans.
12 December 2012
Restaurant Brands' total sales across the company's four brands - including Carl's Jr. for the first time - for the third quarter (12 weeks ended 3 December 2012) were $72.2 million, an increase of 0.5% or $0.3 million on the equivalent period last year. Same store sales for the company increased by 3.2%.
29 November 2012
Restaurant Brands opened its first Carl's Jr. restaurant in Auckland on Thursday 29 November. The store is situated on Bader Drive in Mangere and will employ almost 60 new staff.
30 May 2012
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.
22 May 2012
Restaurant Brands announces full year results for the year ended 28 February 2011
9 December 2012
KFC Manurewa opened on 9 December providing a superb new store for Manurewa locals to enjoy – the $2 million dollar transformation has created 15 extra jobs that have been filled by people from the local community.
16 December 2011
The brand new KFC Papamoa, a $2 million dollar development that has created 45 new jobs, opens its doors to the public for the first time on Thursday December 16th.
3 October 2011
Earlier in 2010, the board announced its intention to franchise the Regional Pizza Hut outlets. This will encompass approximately 35 stores from Kerikeri in the North, to Invercargill in the south.
This strategy is based on the board’s belief that the regional stores are better suited to owner operators who can more effectively promote the Pizza Hut brand and themselves as franchisees in these smaller towns and regions.
Restaurant Brands is proud to announce their first two franchises being:
Gavin and Megan Ward at Nelson, trading as 3 Little G Ltd; and
Hardik and Nitaben Desai at Pukekohe, trading as Tara and Sons Ltd.
RBL is currently working on three more conditional sales for Dunedin North, Dunedin South and Rangiora. These three sites are planned to be operational by year end.
Current enquiry levels are high and we expect more sales in the New Year.
14 December 2010
Restaurant Brands' total sales across the company’s three brands for the third quarter (12 weeks ended 6th December 2010) were $74.2 million, an increase of 1.8% on the equivalent period last year. Same store sales also increased 1.8%.
The company saw continued same store sales growth in its KFC and Starbucks Coffee operations, but Pizza Hut same store sales still remained down on prior year.
Year to date sales of $250.5 million were up 3.3% on prior year and 4.0% on a same store basis.
21 October 2010
KFC Tauranga reopened on Thursday 21st October and is the 51st store to be revamped as part of a national transformation programme that began in 2004. The $1.85 million transformation has created 20 extra jobs in the community in addition to the 35 existing positions.
Customers will notice an array of new features designed to enhance their dining experience at KFC, including booth seating and longer tables for family and group dining, a new outdoor seating area and Drive Thru, and a new Krushbar.
KFC Tauranga is expecting to be busy as locals visit their newly rebuilt store to check out the changes and enjoy their favourite KFC meals.
20 December 2011
Restaurant Brands' total sales for the third quarter (12 weeks ended 5th December 2011) were $71.9 million,
20 September 2011
Net Profit after Tax for the half year (excluding non-trading items) was $8.6 million or 8.7 cents per share
12 September 2011
Restaurant Brands' total sales for the second quarter (16 Weeks ended 12 September 2011) were $93.9 million, a decrease of 6.5% million on the equivalent period last year.
26 May 2011
Restaurant Brands' total sales across the companys' three brands for the first quarter (12 weeks ended 23rd May 2011) were $72.5 million
23 February 2011
Restaurant Brands' full year sales for the year ending 28 February 2011 were $324.4 million
20 October 2010
•Net Profit after Tax for the half year (excluding non-trading items) was $13.9 million (50.3% up on prior year). Reported profit (including non-trading items) was $13.5 million, up 51.9% on prior year.
•Total revenues of $176.6 million were 3.9% up on prior year, with same store sales up 4.9% for the half, still primarily driven by KFC.
•Earnings strongly improved across all three brands to a total EBITDA of $34.0 million, an increase of $6.4 million (or 23.3%) on the previous half year as the benefits of improved sales, higher efficiencies and reduced input costs flowed through.
•Directors have declared a fully imputed interim dividend payable on 26 November 2010 of 7.0 cents per ordinary share, up 55.6% on last year.
7 October 2010
KFC Nelson re-opened its doors to the public at 12 noon on Thursday October 7th - revealing the $1.9 million refurbishment that has taken place at the Tahunanui site. As well as creating a superb new store for locals to enjoy, the transformation project employed local contractors and created 20 extra jobs at KFC, filled by people from the local community.
KFC Nelson was refurbished in two parts: the Drive Thru was closed for six weeks from mid June while initial work took place and the entire store was then closed for a further six weeks while work was completed. KFC Nelson is the 50th store to be transformed as part of KFC's ambitious transformation programme launched in 2004.
23 September 2010
The newly renovated KFC New Plymouth re-opened its doors to the public on Thursday 23rd September. KFC has been part of this area for more than 35 years since they first opened in 1974, so it is well and truly part of the community. In addition to the $1.9 million invested in transforming KFC New Plymouth, we have created a great working environment for our staff, whilst delivering a superior dining experience to our customers and creating a thriving business that local suppliers can benefit from. It is especially exciting that, as part of this transformation, KFC has created 10 new jobs - additional to the 38 existing positions which have all been filled by keen locals.
KFC New Plymouth is an example of everything that is great about this brand - a local team dedicated to being relevant within their community.
21 September 2010
Restaurant Brands' total sales across the company's three brands for the second quarter (16 weeks ended 13th September 2010) were $100.4 million, an increase of 3.7% on the equivalent period last year. Same store sales increased 3.9%.
The company continued to enjoy sustained growth for its KFC brand and saw a return to same store sales growth for Starbucks Coffee, but Pizza Hut sales still remained slightly down on last year.
Year to date sales of $176.3 million were up 3.9% on prior year and 4.9% on a same store basis.
22 September 2010
KFC Papakura reopened to the public on Thursday 9 September, making Papakura the 48th store to be transformed, giving the Papakura community their very own "new look" KFC and creating 35 new jobs in the Papakura community. This extensive redevelopment cost $1.5 million and meant that the store was closed for nine weeks.
Of course, in one important respect KFC Papakura stays the same - the team will continue serving up delicious chicken meals and snacks using fresh, quality ingredients that are papred and cooked right on the premises. However, Papakura locals returning to the store will notice an array of new additions designed to enhance their dining experience at KFC, including booth seating, longer tables for family and group dining, a new outdoor seating area and a fantastic new Krushbar serving up the nine delicious flavours of KFC Krushers.
15 July 2010
After being forced to close last December when fire caused extensive internal damage, KFC Levin reopened to the public on Thursday 15 July - giving Levin locals their first taste of the "new look" KFC.
The extensive redevelopment of KFC Levin cost $1.7 million and makes it the 47th KFC to be refurbished as part of a national transformation programme that began in 2004 and the newest KFC restaurant in the country. 35 new jobs have been created in the community.
"The transformation of KFC Levin into one of our new look stores is a case of good from bad. Obviously we were very disappointed when fire damage closed the store last December - however, the silver lining has been that Levin's transformation was fast-tracked and the town now has the newest restaurant in the country", says KFC General Manager, Brent Kitto.
9 July 2010
KFC Gate Pa in Tauranga opened its doors to the public on Friday 9 July and is the newest addition to the KFC family for Restaurant Brands. This new store took 12 weeks to develop, costing $1.2 million, and created 40 new jobs in the Tauranga community. Features include booth seating, family and group dining areas, outdoor seating, a plasma screen, great looking murals and a Krushbar. KFC Gate Pa is the 87th store in the Restaurant Brands store network.
And the investment in the area doesn't end with Gate Pa. KFC Tauranga has now been closed for transformation and is scheduled to reopen mid October.
10 July 2010
KFC Colombo Street reopened on Thursday 17th June and is the 45th store to be refurbished as part of KFC's national transformation programme. The $1.7 million transformation has created 21 extra jobs in the Christchurch community.
KFC Colombo Street (one of nine KFC stores in Christchurch) first opened in 1974 and has been in the community for 35 years. However, after the three month closure, Christchurch locals will notice new features including booth seating and long tables and a new outdoor seating area, a plasma screen and new Krushbar.
10 June 2010
A newly refurbished KFC Dee Street in Invercargill was re-opened to the public on Thursday 10th June 2010. KFC Dee St (which was closed for 14 weeks during the re-development) is the 44th store to be refurbished as part of a national transformation programme that began in 2004 - the transformation has created 25 extra jobs that have been filled by people from the local community.
Invercargill locals returning the store will have noticed an array of new additions designed to enhance their dining experience at KFC, including booth seating and longer tables for family and group dining, a new outdoor seating area, a Krushbar and high tech touches like a plasma screen.
1 June 2010
Restaurant Brands' total sales across the company's three brands for the first quarter (12 weeks ended 24th May 2010) were $75.9 million, an increase of 4.2% on the equivalent period last year. Same store sales increased 6.3%.
The company continues to enjoy sustained growth for its KFC brand, which recorded double digit same store sales growth during the quarter, but Starbucks Coffee and Pizza Hut sales were slightly down on last year.
10 May 2010
A new KFC store in Pt Chevalier in Auckland was opened to the public on Monday 10th May. The store was under development for more than three months and represents an investment of over $2 million. The store has created 40 new jobs in the community.
KFC is excited to become a part of the Pt Chevalier neighbourhoos and, in conjunction with the local council, have commissioned a special mural for the exterior of the new store that celebrates the local community.
The development of KFC Pt Chevalier is part of the ongoing building and transformation project for the KFC brand. Since 2004, KFC has been systematically refurbishing all KFC stores across New Zealand and identifying areas - such as Pt Chevalier - where new stores can be developed.
The Pt Chevalier opening brings total KFC stores run by Rstaurant Brands to 86.
28 February 2010
Restaurant Brands announces that for the year ended 28 February 2010, the company has produced a Group Net Profit after Tax (excluding non trading items) of $19.9 million (20.5 cents per share), up 70% or $8.2 million on prior year, as a result of continued strong performance by KFC and a solid turnaround in Pizza Hut.
A final full year fully imputed dividend of 8.0 cents per share has been declared, making a full year dividend of 12.5 cents, up 5.5 cents or 79% on prior year (13/04/10).
17 December 2009
Restaurant Brands opened its 85th store in Greenlane, Auckland on the 17th December 2009. Restaurant Brands is committed to growing its KFC business both through opening new stores and the transformation of existing stores. (17/12/09)
22 August 2013
Restaurant Brands has concluded an agreement with Yum! Restaurants International on the future of the Pizza Hut brand in New Zealand. This agreement provides for Restaurants Brands' continued franchise of the brand, but with greater flexibility to sell down to independent franchisees. (23/06/09)