BUZZ-Australia's Collins Foods jumps most in three months on profit jump
Yum! Brands, Inc. YUM | 0.00 |
** Australia's Collins Foods CKF.AX rises as much as 7.8% to A$9.010, logging its biggest intraday pct gain since March 12
** The operator of KFC chain posted a net profit attributable of A$44.2 million ($30.43 million) for the full year ended May 3, compared with A$8.8 million in the year ended April 27, 2025
** Collins also announced a final dividend of 15 AU cents per share, bringing the annual dividend to 28 AU cents apiece, higher than the 26.0 AU cents a year earlier
** Citi says FY26 Underlying NPAT of A$61.4 million was 2% above VA Consensus
** Company's 4% same-store sales growth in Australia for the first eight weeks of FY27 was a strong result, Citi says, considering weakening consumer sentiment and well ahead of the +2.5% in VA Consensus for 1H27
** However, a softer FY27 trading update for Germany market Citi flagged will draw focus from investors
** Stock down over 15%, YTD
($1 = 1.4526 Australian dollars)
