Australia's Collins Foods jumps to 18-month high on sales growth
** Shares of Collins Foods CKF.AX rise as much as 12.5% to A$10.79, their highest since March 1, 2024 ** The restaurant operator says its total sales rose 6.7% in the first 18 weeks of fiscal 2026 ** Says growth was driven by rise in KFC same-store sales in all markets ** Reaffirms FY26 forecast of underlying NPAT growth in low to mid-teens ** As of last close, stock was up 32.1%, YTD (Reporting by Komal Pooja Asokan) ((KomalPooja.Asokan@thomsonreuters.com;))
Recent news on Collins Foods
See all newsBrief: Collins Foods Completes German Restaurants Acquisition
Australia fast-food stocks in focus as Citi flags price hikes, demand risks
Citi sees downside risks for Aussie QSR chains on McD upswing; stocks down
Citi sees downside risks for Aussie quick-service chains on McDonald's upswing
Australia's Collins Foods climbs on progress toward Taco Bell partnership transition