I own a number of KFC franchises and I am seeing very strong top line sales that have exploded in the last 2 weeks.
Talking to people in the industry specifically a McDonald's franchisee I know they are seeing the same thing. Very strong sales
The thing is whilst sales are strong transaction counts are still down about 7-10%. So less customers spending more money.
Both brands are still spending lots of money advertising and have refocused efforts in getting transaction counts fixed.
I totally get fast food is only one industry out of many but many other businesses will be like Us. They want to get back into things and win back missing customers.
Your small mum and dad business are not the usual clients of oh media so whilst many are hurting they ain't the ones spending $5k a month per sign to rent.
I own OML as I think it's oversold
long term digital (Facebook etc) advertising is a major issue but medium term I like the stock
debt is still a major risk DYOR
- Forums
- ASX - By Stock
- OML
- OML
OML, page-31
-
-
- There are more pages in this discussion • 49 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OML (ASX) to my watchlist
|
|||||
Last
$1.46 |
Change
0.000(0.00%) |
Mkt cap ! $783.9M |
Open | High | Low | Value | Volume |
$1.46 | $1.46 | $1.43 | $702.6K | 486.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 783 | $1.45 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.46 | 4493 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 783 | 1.445 |
1 | 783 | 1.440 |
1 | 783 | 1.435 |
1 | 783 | 1.430 |
1 | 775 | 1.425 |
Price($) | Vol. | No. |
---|---|---|
1.460 | 1633 | 2 |
1.475 | 7831 | 2 |
1.480 | 74914 | 3 |
1.490 | 1523 | 2 |
1.495 | 1552 | 2 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
OML (ASX) Chart |