ASX-listed Retail Food Group has told shareholders that they expect a 10-15% increase in profit for the first half, while expansion activity continues apace with a deal to acquire a Donut King competitor and the Brumby’s master franchises in north Queensland and New Zealand. “The Brumby’s North Queensland master franchise territory represents the best performing Brumby’s territory in Australia,” RFG CEO Tony Alford said during the company’s AGM on Friday. “Further,... ...Read more »

Retail Food Group, one of Australian’s largest retail food brand managers and franchisors, has today announced a 33 per cent surge in net profit after tax as consumer demand for comfort food fails to wane. The owner of the Brumby’s, Donut King, Michel’s Patisserie and bb’s café franchise brands expects the growth to continue as menu innovation and store developments continue apace. “The Company has … focussed on delivering further menu innovation and supply chain... ...Read more »

Leading Australian retail food brand manager and franchisor Retail Food Group Limited (RFG) today announced a 134% increase in net profit in spite of the recent economic turbulence which has hit consumer confidence. The owner of the Donut King, Brumby’s Bakeries, Michel’s Patisserie and bb’s café franchises saw growth stimulated by their purchases of Brumby’s and Michel’s and a record number of new store commissionings (61). There is now a total of 1,052 franchised... ...Read more »