Latest Restaurant Sector News

Yum! Brands has completed its Pizza Hut exit, lifting third-quarter GAAP earnings with a US$1.7 billion pretax gain. Beneath that windfall, KFC delivered strong expansion while Taco Bell's US sales weakened sharply.

Collins Foods posted record FY26 revenue and underlying profit, exited Taco Bell to focus on KFC growth, and outlined ambitious expansion plans in Germany and Australia.

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.

Restaurant Brands New Zealand advises shareholders to hold off on responding to Finaccess's takeover offer until the Target Company Statement is released, promising clearer guidance by late October.

Domino’s Pizza Enterprises announces CEO Mark Dyck will step down by December 2025, with Chairman Jack Cowin stepping in as interim Executive Chair to guide the company through its next growth phase.