Australia's Retail Food Group hits near 3-month low on lower earnings forecast

Retail Food

03/02/2026 24:22

** Shares of Retail Food Group RFG.AX fall as much as 3.1% to A$1.41, their lowest level since Nov 13

** Food and beverages co expects 1H26 Underlying EBITDA in the range of A$9 million ($6.26 million) to A$10 million, down from A$16 million recorded last year

** Shares on track for worst session since November 24 if current losses hold

** Stock down 4.7% YTD

($1 = 1.4380 Australian dollars)

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)

 ((Jasmeenaraislam.Shaikh@thomsonreuters.com;))