Collins Foods Ltd.

Collins Foods is an operator of quick service restaurants, or QSRs. It franchises restaurant brands from US-listed Yum Brands, including KFC in Australia, Germany, and the Netherlands, as well as Taco Bell in Australia. Revenue and earnings are largely generated in Australia, where Collins is the largest KFC franchisee, ahead of Restaurant Brands New Zealand.In the Netherlands, Collins has signed a corporate franchise agreement, giving it more control over development and oversight of the Dutch franchisee network.Earnings growth is underpinned by its store network expansion, both new restaurants and acquisitions of existing sites. Competitive pricing is key to maintaining share in the QSR market, and the company has generally increased at or below consumer price index growth.