Shares of Collins Foods (ASX:CKF) surged over 14% in recent trading on the Australian bourse on Friday in the wake of its rival Domino's Pizza Enterprises (ASX:DMP) declaration of store closures.
Collins Foods operates KFC restaurants in Australia, Germany, and the Netherlands, as well as Taco Bell in Australia.
Domino's plans to close 205 loss-making stores, of which 172 are located in Japan. The closures are expected to add an estimated annual savings of AU$15.5 million while carrying a one-off cost of AU$97 million.
Shares of Domino's were up over 22% in recent trade.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。