LATEST NEWS FOR Famous Brands Ltd.  

Famous Brands is a holding company listed on the JSE Ltd. (JSE) under the category Consumer Services: Travel and Leisure. The Group is Africa’s leading branded food services franchisor. Famous Brands’ vertically integrated business model comprise... [more info]

Famous Brands warns of earnings drop on load shedding, Brexit

12 Mar 2019 /  Moneyweb  
With its two primary markets facing challenges, will the company recover?

Famous Brand’s UK burger chain shuts 14 struggling stores

11 Dec 2018 /  Nqobile Dludla, Reuters   
The stores are struggling with subdued consumer spending, rising labour costs, higher business property taxes and growing online competition.

Famous Brands feels the pain of its UK burger chain investment

30 Oct 2018 /  Arnold Segawa   1
Revenue up 5.4% to R3.6bn but GBK operating loss widens 209% to R45.3m.

Five things making headlines in South Africa today

29 Oct 2018 /  Moneyweb  
MTN quarterly update, Famous Brands, Raubex and enX results, M3 money supply and private sector credit data.

Famous Brands’s GBK burger chain files for bankruptcy protection

24 Oct 2018 /  Nqobile Dludla, Reuters   2
Shares in Famous Brands up on the news.

Famous Brands sees R874m impairment as UK burger business struggles

15 Oct 2018 /  Nqobile Dludla, Reuters   1
The company expects the sustained underperformance of its UK Gourmet Burger Kitchen (GBK) business to record an operating loss of 2.6 million pounds.

Is Famous Brands about to give up on its R2bn GBK problem?

20 Aug 2018 /  Hilton Tarrant   18
The business is losing nearly R2 million a week …

Gourmet Burger Kitchen proving ‘septic’ for Famous Brands

17 Aug 2018 /  Janice Kew and Loni Prinsloo, Bloomberg    5
Famous Brands' chain of restaurants has not been delivering desired returns, as sales declined in the most recent reporting period.

To appreciate value, we have to look beyond earnings

7 Jun 2018 /  David Holland   7
The press is littered with reports of write-downs and problems digesting foreign acquisitions.

Can Famous Brands fix its R2bn problem?

29 May 2018 /  Hilton Tarrant   4
The issues facing the UK premium burger brand are many….

Five things making headlines in South Africa today

24 May 2018 /  Moneyweb   
Star divorces Steinhoff, Famous Brands revenue up 23%, Tiger Brands revenue drops, AG not happy with municipalities and interest rate decision expected.

Five things making headlines in South Africa today

17 May 2018 /  Moneyweb  
Group Five has a recovery strategy, SAA in a 7-year loss streak, Datatec releases results, Tharisa declares cash dividend, and Famous Brands anticipates 'weak' results.

MTN the star performer among industrials

8 Mar 2018 /  Nastassia Arendse  
Famous Brands has written off huge amounts from their burger business in the UK, notes David Shapiro in Thursday’s market news.

‘No direct link’ between deaths and products, say food producers on listeria outbreak

5 Mar 2018 /  Aarti Bhana    5
RCL Foods and Tiger Brands say the listerosis outbreak cannot directly be linked to their facilities.

Offshore markets: Where dreams die for SA retailers

30 Jan 2018 /  Ray Mahlaka   8
A herd mentality has seen many local retailers burn their fingers in the UK and Australia.

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