10 stories mentioning ASX:CKFUpdated 22d ago
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Collins Foods (ASX:CKF) said Superannuation and Investments HoldCo Pty Ltd and its related bodies corporate became a substantial holder in the company on July 16 with a 5.05% voting power, according to a Friday Australian bourse filing.
Collins Foods (ASX:CKF) said Commonwealth Bank of Australia (ASX:CBA) became a substantial holder of the firm on Thursday, acquiring voting power of 5.05%, according to a Friday Australian bourse filing.The bank holds nearly 6 million ordinary shares of the firm.
Australian shares closed lower on Tuesday as gold prices fell on prospects of cessation of the conflict in the Middle East, as well as a strengthening US dollar.The S&P/ASX 200 Index declined 0.51%, or by 44.70 points, to close at 8,778.70.Brent crude oil futures were trading around pre-conflict prices of $72 per barrel after the US and Iran had agreed to halt renewed hostilities. Gold fell to around $4,000 per ounce.On the domestic front, Australia's total credit rose 0.7% month over month in May, following a 0.7% increase in April, data from the Reserve Bank of Australia (RBA) showed. Housing credit rose 0.5% after edging 0.6% higher the previous month, while personal credit inched up 0.6%, following a 0.2% increase.Australian consumer confidence rose 3.1 points in the week of June 22 to 28 to 75.9 points, its highest level since early March, ANZ said. The four-week moving average rose 1.8 points to 72.6 points.Almost half, or 46%, of businesses in Australia reported operating expenses had increased over the past four weeks, data from the Australian Bureau of Statistics showed. Fuel prices, which jumped 71%, and business overheads, which rose 65%, were reported as the main reasons for increased operating expenses.In company news, Euroz Hartleys Group's (ASX:EZL) Euroz Hartleys unit agreed to sell its Capital Markets business to BMO Australia, a subsidiary of the Bank of Montreal, for AU$145 million. Euroz Hartleys and BMO will also enter into an alliance agreement to maintain the relationship between the Capital Markets and Private Wealth businesses.Capricorn Metals' (ASX:CMM) Crimson Metals subsidiary received approval from the Commonwealth Department of Climate Change, Energy, the Environment, and Water for the expansion and operation of the Mount Gibson project in Western Australia.Collins Foods (ASX:CKF) reported fiscal 2026 underlying earnings of AU$0.52 per basic share from continuing operations, up from AU$0.461 a year earlier. Revenue for the 12 months ended May 3 was AU$1.59 billion, compared with AU$1.47 billion a year earlier.
(Updates to add stock movement in the headline and the last paragraph)Collins Foods (ASX:CKF) reported Tuesday fiscal 2026 underlying earnings of AU$0.52 per basic share from continuing operations, up from AU$0.461 a year earlier.Analysts polled by FactSet expected earnings of AU$0.51.Revenue for the 12 months ended May 3 was AU$1.59 billion, compared with AU$1.47 billion a year earlier. Analysts surveyed by FactSet expected AU$1.6 billion.The board declared a final dividend of AU$0.15 per share, unchanged from a year earlier, payable Aug. 11 to shareholders on record as of July 14.The company's shares fell 3% in recent Tuesday trade.
Australian shares are poised to rise on Tuesday, tracking gains in oil prices as renewed US-Iran tensions heightened concerns over shipping risks in the Strait of Hormuz.Gold fell as investors weighed the inflationary impact of rising energy costs, reinforcing expectations that interest rates will stay elevated for longer.Overnight, the S&P 500, the Nasdaq Composite, and the Dow Jones Industrial Average rose 1.2%, 2.1%, and 0.6%, respectively.In the macroeconomy, investors are eyeing the Reserve Bank of Australia's June monetary policy board meeting minutes.In corporate news, Collins Foods (ASX:CKF) reported Tuesday fiscal year 2026 underlying earnings of AU$0.52 per basic share from continuing operations on revenue of AU$1.59 billion, compared with underlying earnings of AU$0.461 on revenue of AU$1.47 billion a year earlier.Boom Logistics (ASX:BOL) secured an extension of its lifting and project logistics services agreement with BHP Group (ASX:BHP) at the Olympic Dam operation in South Australia.Australia's benchmark index rose 0.7% or 59.2 points to close at 8,823.40 on Monday.
Collins Foods (ASX:CKF) reported Tuesday fiscal 2026 underlying earnings of AU$0.52 per basic share from continuing operations, up from AU$0.461 a year earlier.Analysts polled by FactSet expected earnings of AU$0.51.Revenue for the 12 months ended May 3 was AU$1.59 billion, compared with AU$1.47 billion a year earlier. Analysts surveyed by FactSet expected AU$1.6 billion.The board declared a final dividend of AU$0.15 per share, unchanged from a year earlier, payable Aug. 11 to shareholders on record as of July 14.
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://finwires.com/en/contact)
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.
