27 Jan 2011

Explanation sought after drop in share price

8:55 am on 27 January 2011

NZX has asked Restaurant Brands, the owner of Starbucks and KFC, to explain a drop of 10% in its share price over the last 10 days.

The stock fell from $2.68 to $2.40 between 10 - 26 January.

The company says it has nothing to disclose and it continues to be comfortable with its full year profit guidance.