Q3 SALES ANNOUNCEMENT

Restaurant Brands New Zealand Limited (“RBD”) has today released its Q3 sales results.

FY23 Q3 Sales Results

RBD total sales for the third quarter to 30 September 2023 increased to $340.9 million. This was up $18.8 million (+5.8%) over the equivalent period last year. This reflects ongoing recovery from the impacts of the 2022 COVID-19 Omicron outbreak and the price increases that were implemented across all markets.

Total year to date sales reached $981.1 million (an increase of 8.2% on the prior year). Total sales were supported by the net inclusion of 5 new stores (to 377 stores in total) and the strengthening US dollar since the equivalent period last year.

Continue to read the full report below.