Collins Foods (ASX:CKF) Clarifies Yum! Brands Q4 Sales Growth
Clarification on Yum! Brands Q4 Results
Collins Foods Limited (ASX:CKF) has provided clarification regarding Yum! Brands’ fourth quarter results released on 6 February 2025, specifically addressing the reported sales growth within the KFC segment.
Impact of 53rd Week on Comparability
The Company noted that certain markets, including Australia, had a 53rd week in 2024 compared to 52 weeks in 2023. This difference affects the comparability of both the annual and quarterly figures.
Sales Growth Includes New Zealand
Collins Foods further clarified that the sales growth reported by Yum! Brands for KFC Australia encompasses New Zealand.
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