I had another look at the FY23 presentation and noticed...

I had another look at the FY23 presentation and noticed something that hasnt been mentioned much.

There is growth through Rack n Bones, 6 new Brumbys, ongoing growth of DK stores and 100 GJ stores in the US. International growth is strong and minus Michelles and vans, domestic store growth should hit positive in FY24.

But if you read page 32 and 35 of the investor presentation, it mentions RFG plans to open new GJ Drive Thru stores with European Garages. If this is the European Garages based out of the UK, they have 6600 outlets worldwide including Australia. They partner with big players like starbucks and BK.

It might be a question for the AGM but if this partnership between RFG and EG group is a thing, it could provide a platform for a large GJ, maybe even Dk roll out.