News Formal

Boost for earnings now, Betty’s for growth: Retail Zoo update

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 90%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Retail Zoo CEO Nisha Alani and CFO Paul Stevenage are in front of fund managers with a hefty chart pack this week.

Bain Capital-owned Retail Zoo is taking a slow burn approach to its mooted initial public offering and ASX-listing, trying to win investors’ hearts with detailed financial information before hitting them up for capital sometime down the track.

Betty’s Burgers now making 60 per cent of Retail Zoo’s revenue, based on 12 month numbers to December 31, and 27 per cent of its earnings before interest, tax, depreciation and amortisation. Retail Zoo’s top dogs told fundies that both Boost and Betty’s were recording double-digit margins, which meant strong cash flow conversion. The overall store count was 665 in FY21, increasing to 720 this financial year and 777 in the forecast period.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Boost for earnings now, Betty’s for growth: Retail Zoo updateRetail Zoo CEO Nisha Alani and CFO Paul Stevenage are in front of fund managers with a hefty chart pack this week.
Source: FinancialReview - 🏆 2. / 90 Read more »

Boost for earnings now, Betty’s for growth: Retail Zoo updateRetail Zoo CEO Nisha Alani and CFO Paul Stevenage are in front of fund managers with a hefty chart pack this week.
Source: FinancialReview - 🏆 2. / 90 Read more »