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The latest update is out from Retail Food Group ( (AU:RFG) ).
Retail Food Group Limited has announced the resignation of CEO Matt Marshall, with Non-executive Chairman Peter George stepping in as Executive Chairman while a global search for a new CEO is conducted. The company aims to find a leader with substantial franchise experience to continue its focus on core brands and expansion plans. Under Marshall’s leadership, RFG saw improvements in performance and resolved legacy issues, enhancing its focus on brands with growth potential. The company remains committed to expanding its domestic and international presence, particularly with the introduction of Firehouse Subs in Australia.
The most recent analyst rating on (AU:RFG) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Retail Food Group stock, see the AU:RFG Stock Forecast page.
More about Retail Food Group
Retail Food Group Limited (RFG) is a global food and beverage company based in Queensland, Australia. It is the country’s largest multi-brand retail food franchise manager, owning iconic brands such as Gloria Jean’s, Donut King, Brumby’s Bakery, Crust Gourmet Pizza Bars, and Beefy’s Pies. RFG also holds the exclusive license to expand Firehouse Subs in Australia and distributes high-quality pies and coffee through its Sunshine Coast Bakery and Sydney Roastery.
Average Trading Volume: 144,273
Technical Sentiment Signal: Sell
Current Market Cap: A$92.82M
For an in-depth examination of RFG stock, go to TipRanks’ Overview page.