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Retail Food Group keeps profit guidance

Retail Food Group, which owns several bakery and coffee chains including Donut King and Michel's Patisserie, reaffirms its FY profit guidance of $66m.

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Source: AAP


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The owner of a string of bakery and coffee chains, including Donut King, Michel's Patisserie, and Gloria Jean's, has reaffirmed its annual profit guidance.

Retail Food Group expects underlying profit after tax to be up around 20 per cent to $66 million in the year ending June 30, from $55.1 million last year.

The company reaffirmed the guidance in a slide presentation to be presented at a Wilson HTM conference later on Thursday.


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