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Restaurant Brands expects full-year profit fall

Inflation and Covid-19 continue to eat into company's margins.

Restaurant Brands operates a mix of KFC, Pizza Hut, Taco Bell, and Carl’s Jr stores across Australasia, Hawaii and California.

Restaurant Brands expects its full-year profit could fall almost 40% this year as the impact of inflation and rolling issues with Covid-19 continue to weigh on the fast-food group.

The NZX-listed group, which operates a mix of KFC, Pizza Hut, Taco Bell, and Carl’s Jr stores across New Zealand,

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Hamish McNicol Mon, 29 Aug 2022
Contact the Writer: Hmcnicol@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Restaurant Brands expects full-year profit fall
Investment,
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