Latest Consumer Discretionary Sector News

Trading in Restaurant Brands New Zealand Limited shares has been suspended following compulsory acquisition notices issued by Finaccess Restauración, S.L., signaling a pivotal ownership change.

Top Shelf International Holdings Limited has appointed voluntary administrators amid financial distress, with plans to continue trading while exploring sale or recapitalisation options. Shares remain suspended as the company seeks a path forward.

Collins Foods Limited has confirmed its FY25 earnings aligned closely with market forecasts, addressing ASX concerns over potential surprises. The company highlighted positive margin outcomes and clarified the impact of a Netherlands impairment.

WAM Active has delivered a remarkable 32.5% investment portfolio growth in 2024, significantly outperforming key market indices and declaring a fully franked interim dividend of 3.0 cents per share.