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The chips are down: pizza, fried chicken and doughnut shares plunge on ASX as living costs bite budgets

The chips are down: pizza, fried chicken and doughnut shares plunge on ASX as living costs bite budgets

30.04.2026 18:00 | The Guardian World

Shares in Domino’s Pizza, KFC operator Collins Foods and multi-brand food franchise owner Retail Food Group have all suffered double-digit fallsGet our breaking news email, free app or daily news podcastOnce a symbol of cheap eating, fast food is transforming into a luxury many can no longer afford due to resurgent living costs.This shift is reflected on the ASX, where major pizza, fried chicken and doughnut outlets are seeing significant price drops, raising the question: are consumers so downbeat that they are even giving up on fast food? Continue reading...

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