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Retail Food Group Limited (ASX:RFG)

ALERT: Price-sensitive ASX Announcement for RFG
Current share price for RFG : $0.780 -0.345 (-30.67%)+
Announcement
Release
26 Feb 2026 9:02AM
Price at Release
$1.125
Full Release
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Summary
The financial performance of Retail Food Group Limited (RFG) for the half-year ended 26 December 2025 showed a decline in several key metrics compared to the previous year. The company's statutory net profit after tax was $2.0 million, down from $7.3 million in 1H25, marking a 72.9% decrease. This reduction was due in part to increased costs of goods sold, notably higher coffee bean prices and expenses related to new store openings and acquisitions. Despite these challenges, RFG maintained its wholesale coffee prices to support franchise partners. The company also focused on cost control, resulting in lower corporate overheads and payroll costs. RFG's underlying EBITDA was $9.2 million, down by 43% from 1H25. No dividend was declared for the period, and a restructuring strategy led to the transition of several company stores to franchise partners. The company also made significant investments in new outlets and initiatives, including the introduction of Firehouse Subs in Australia. A new refinancing agreement was established to support these strategic goals.
Key Points
  • Statutory net profit after tax dropped by 72.9% compared to 1H25.
  • Increased costs of goods sold, particularly due to higher coffee bean prices.
  • Maintained wholesale coffee prices to support franchise partners.
  • Implemented cost control measures leading to reduced overheads.
  • Underlying EBITDA decreased by 43% from 1H25.
  • No dividend declared for 1H26.
  • Restructuring included transitioning company stores to franchise partners.
  • Investments made in new stores and strategic initiatives like Firehouse Subs.
  • Refinancing agreement with Washington H. Soul Pattinson & Company Limited.
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.