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3 mins to read

Californian exit ‘not on the table’ for Restaurant Brands

The fast food company’s performance has been affected by minimum wage increases in the market.

Kate McVicar Tue, 26 Aug 2025
Key points
  • Group sales: Up 2.3% to $703.2 million
  • Net profit after tax: Down 5.6% to $11.9m
  • Key takeaway: Restaurant Brands won’t call it quits on the Californian market despite challenges including sizable wage hikes.

Restaurant Brands has reaffirmed its commitment to the Californian market, despite ongoing challenges including a 29% rise in minimum wage for its employees.

The NZX-listed food retailer behind KFC, Taco Bell, Pizza Hut, and Carl’s Jr, operates stores across New Zealand, Australia, Hawaii, and

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Kate McVicar Tue, 26 Aug 2025
Contact the Writer: kate@nbr.co.nz
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Key points
  • Group sales: Up 2.3% to $703.2 million
  • Net profit after tax: Down 5.6% to $11.9m
  • Key takeaway: Restaurant Brands won’t call it quits on the Californian market despite challenges including sizable wage hikes.
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Californian exit ‘not on the table’ for Restaurant Brands
Investment,
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