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Retail Food Group Limited (ASX:RFG)

ALERT: Price-sensitive ASX Announcement for RFG
Current share price for RFG : $0.790 -0.335 (-29.78%)+
Announcement
Release
26 Feb 2026 9:02AM
Price at Release
$1.125
Full Release
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Summary
Retail Food Group Limited (RFG) released its 1H26 results, showing a resilient performance despite challenging trading conditions. The company reported Domestic Network Sales of $254.6 million, with a slight Same Store Sales growth of 0.2%. The Underlying EBITDA was $9.2 million, down 43.1% from the previous corresponding period but within the expected range. RFG also maintained its FY26 Underlying EBITDA guidance of $20-24 million. The company is undergoing a transformation process to improve cost efficiency, Franchise Partner earnings, and store retention, with 70% of targeted store transitions, exits, or closures agreed or completed. RFG successfully refinanced its senior debt facility, ensuring financial stability. The strategic focus is on operational improvements, supply chain management, and a basic marketing strategy to enhance store profitability. Despite a decline in customer counts, RFG's brands showed resilience, with a slight dip in Core Brand Same Store Sales. The company plans to achieve cost savings targets and is set to launch its first Firehouse Subs store in FY26.
Key Points
  • Domestic Network Sales of $254.6 million with 0.2% Same Store Sales growth.
  • Underlying EBITDA of $9.2 million, a 43.1% decline from PCP.
  • Maintained FY26 Underlying EBITDA guidance of $20-24 million.
  • Transformation process aimed at improving cost efficiency and Franchise Partner earnings.
  • 70% of targeted store transitions or closures completed.
  • Successful refinancing of senior debt for financial stability.
  • Strategic focus on operational improvements and supply chain management.
  • Slight decline in Core Brand Same Store Sales reflects brand resilience.
  • Cost savings targets set for FY26 and FY27.
  • Launch of first Firehouse Subs store expected in FY26.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.