Retail Food Group fails to stimulate investor appetite

The Donut King owner's hefty PE may lead analysts to downgrade the stock unless its earnings, released in 2 weeks time, surprises on the upside.

Retail Food Group’s (RFG) profit growth guidance did little to assuage concerns about the company’s valuation with the stock falling 1% to $4.15 this afternoon.

The food franchise owner is forecasting a 13% increase to full-year earnings, which would put its bottom line at $34.2 million for the year to end June – right on the consensus estimate.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles