Gourmet Burger Kitchen (GBK) has reported an operating losses of £7.8m in the 12 months ended 28 February 2018, which was revealed by its parent company.
The South African franchiser, Famous Brands, has announced to its shareholders about this news previous to the official release of its results scheduled on May 24, as stated by Business Day, Johannesburg.
Famous Brands, which ia also the owner of Wimpy and Paul in the UK, haa presented, according to The Caterer, that they are implementing some changes that should help the company to recover and in medium term reclaim their profitability.