Food and beverage business Retail Food Group (ASX: RFG) has delivered a strong set of numbers in the first half of the 2025 financial year whilst also announcing plans to introduce and expand American premium sandwich brand Firehouse Subs within Australia.
🍩 Underlying revenue of $66.5 million up by 24.7% from the previous corresponding period, driven by core brands such as Gloria Jean’s, Donut King, and Brumby’s
🍕 Statutory net profit after tax of $7.3 million up by nearly 74% year-on-year
🥪 Plans to open 165 Firehouse Subs outlets in Australia over the next decade
“Firehouse Subs is a key pillar of our ambitious growth strategy and we are confident consumers will be excited by the brand’s high-quality sandwich product together with an excellent guest experience.” – Matt Marshall, Retail Food Group Chief Executive Officer
ASX announcement ⚡
https://announcements.asx.com.au/asxpdf/20250219/pdf/06fnws67388hgg.pdf