Restaurant Brands New Zealand Limited (RTBRF) has released an update.
Restaurant Brands New Zealand Limited reported a robust 7.9% increase in Q1 sales to $333.0 million, driven by strong performance in the New Zealand and Hawaiian markets, which helped to counterbalance slower growth in Australia and a sales decline in California. The company is focusing on margin improvement and profit growth through strategic pricing, cost control, and investments in technology and innovation, despite facing cost of living pressures across all regions. With an overall positive start to the year, the firm continues to expand its network and enhance brand experiences to ensure sustainable long-term value.
For further insights into RTBRF stock, check out TipRanks’ Stock Analysis page.