It started with Covid-19, then came the war which has now led to KFC increasing the cost of its chicken.
Collins Foods, which operates almost 263 KFC outlets across Australia, has flagged that more “menu pricing” should be expected in 2023 as the battle higher costs for ingredients.
The company has remained tight lipped about just how much prices are set to rise, however company documents indicate plans of continuing to maintain increases “at or below” inflation.
The company also announced revenue for the last six months was up 15 per cent to $614 million.
