2250 GMT [Dow Jones]--The odds are increasing that Collins Foods and its KFC outlets will be successful in Germany, says Citi. Analyst Sam Teeger points to recent hires by Yum! Brands in the market that include a new chief marketing officer with experience at McDonald's and a new head of digital. Citi also notes that Collins Foods is on the four key Yum! Brands committees, which gives it a voice at the table. Meanwhile "the remodeling of stores across the market has been ramping up, which should be positive for the brand and suggests franchisees" are willing to invest, Citi says. It has a buy call on Collins Foods. (david.winning@wsj.com)
(END) Dow Jones Newswires
June 24, 2025 18:52 ET (22:52 GMT)
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