Collins Foods Advances Exit from 20 Taco Bell Stores as Partnership Deal Progresses

The latest announcement is out from Collins Foods ( (AU:CKF) ).

Collins Foods has confirmed that the key condition for transitioning 20 Taco Bell restaurants to a new partnership between a Taco Bell-affiliated entity and Restaurant Brands Australia has been met, clearing a major hurdle in its planned exit from these stores. The move marks a further step in reshaping Collins Foods’ brand mix and operational focus, though completion still hinges on remaining customary conditions, including landlord approvals, employment thresholds and ACCC clearance, with closing expected between June and August 2026.

The transaction’s progress underscores an ongoing shift in competitive positioning within Australia’s quick-service restaurant sector as Taco Bell’s local footprint moves under new stewardship. For Collins Foods, the transition may allow a greater concentration of resources on its core and more profitable brands, while investors will watch for regulatory timing and conditions that could affect the pace and terms of the exit.

The most recent analyst rating on (AU:CKF) stock is a Hold with a A$10.45 price target. To see the full list of analyst forecasts on Collins Foods stock, see the AU:CKF Stock Forecast page.

More about Collins Foods

Collins Foods Limited is an Australia-listed restaurant operator best known for running fast-food brands under franchise agreements, including Taco Bell outlets previously operated in its portfolio. The company focuses on quick-service dining across the Australian market and aligns closely with global franchisors such as YUM! Brands to expand and manage branded restaurant networks.

Average Trading Volume: 383,852

Technical Sentiment Signal: Sell

Current Market Cap: A$969.9M

For a thorough assessment of CKF stock, go to TipRanks’ Stock Analysis page.