4 stories mentioning ASX:CKFUpdated 9h ago
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Collins Foods (ASX:CKF) has an average rating of overweight and mean price target of AU$11.09, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Collins Foods (ASX:CKF) has acquired eight KFC outlets in Bavaria from JJ Restaurant, expanding its presence in a key German region, according to a Tuesday Australian bourse filing.The deal expands its German portfolio by around 50%, reinforcing its presence across three major states that together represent more than half of the country's population and economic output, per the filing.The newly acquired restaurants generate higher margins than the company's existing German locations, boosting overall regional profitability, and will be included in financial consolidation starting Monday, the filing added.
Collins Foods (ASX:CKF) said conditions precedent for the transition of 20 Taco Bell restaurants to a new partnership arrangement between an affiliated company of Taco Bell and Restaurant Brands Australia have been satisfied, according to a Friday Australian bourse filing.The company said the transaction remains subject to other customary conditions, including landlord consents, a store-based employment threshold, and Australian Competition and Consumer Commission (ACCC) clearance, with completion expected between June and August, depending on regulatory approval timelines.
Collins Foods (ASX:CKF) has executed a settlement deed with applicants and other respondents to resolve a class action concerning 10-minute rest break entitlements that started in December 2023, according to a Wednesday Australian bourse filing.The company earlier disclosed a settlement of up to AU$9 million under a cap-and-collar structure, per the March filing.The settlement deed is subject to approval by the Federal Court of Australia.
