Key points
- Underlying EBITDA of $20.3m (-31.4% vs PCP) within guidance range
- Domestic Network Sales of $489.5m (-3.1% vs PCP)
- Debt refinancing completed, providing balance sheet support
Full summary
Retail Food Group Limited (ASX:RFG) announced its FY26 results, reporting underlying EBITDA of $20.3 million within guidance, reflecting softer trading conditions and outlet closures. Domestic network sales decreased by 3.1% to $489.5 million, impacted by challenging trading conditions and network rationalisation. The company completed a debt refinancing, providing balance sheet stability. Transformation initiatives were completed, including cost rationalisation and brand-aligned leadership implementation. RFG plans to continue its growth strategy with the rollout of Firehouse Subs stores and expects benefits from operational improvements and cost savings in FY27.
Guidance
FY26 underlying EBITDA of $20.3m, FY27 expected cost savings of $5-7m
Outlook
RFG is positioned to build on 2H26 momentum in FY27, with expected benefits from enhanced operational processes, improved coffee margins, and cost savings.