Restaurant Brands’ (ASX:RBD) New Zealand first Quarter Sales are up 11.7 per cent following further Australian acquisitions.
Total sales for the first quarter of the financial year were $180.0 million, an increase of $18.8 million on the equivalent period last year.
New Zealand operations generated sales of $97.4 million, up 2.8 per cent on a total basis and 2.6 per cent on a same store basis.
Australian KFC outlets produced sales of $42.8 million, up 44.1 per cent on a total store basis, and 3.7 per cent on a same store basis.
Shares in Restaurant Brands’ (ASX:RBD) New Zealand last traded at $7.15 on 24 May.