Taste Holdings (owner of Domino’s and Starbucks in SA) earnings down sharply

Taste Holdings released its results for the year ending 29 February 2016.

Headline earnings per share fell to 1.5 cents per share from 16.1 cents per share in 2015.

The Money Show’s Bruce Whitfield interviewed Taste Holdings CEO Carl Gonzaga.

Scroll down for quotes from the audio below.

We pay no more for coffee than our competitors.

Carl Gonzaga

We’re quite cautious about Mall of Africa.

Carl Gonzaga

We now have 79 Domino’s stores. We’ve slowed things down a bit.

Carl Gonzaga

We all absorb food inflation to some degree.

Carl Gonzaga

We’ve increased our menu pricing by only five to seven percent.

Carl Gonzaga

Click here (then“like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the seven most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Shoprite makes 100 transactions per second (and added 7144 jobs in 6 months)

Shoprite makes 100 transactions per second (and added 7144 jobs in 6 months)

That’s 6000 per minute… 360 000 per hour… 8.64 million per day… You get the idea. Shoprite is rocking!

Money makes the world go 'round (but sex makes it spin!)

Money makes the world go 'round (but sex makes it spin!)

Bruce Whitfield interviews "Dr Eve" Wasserman about her attitude to money (hopes and fears, successes and failures, etc).

The rate of change is rapid (and increasing). But we’ve been here before...

The rate of change is rapid (and increasing). But we’ve been here before...

Bruce Whitfield interviews Prof Ian Goldin, author of “Age of Discovery: Navigating the Risks and Rewards of Our New Renaissance”.

Single best JSE investment right now (by First Avenue Investment Management)

Single best JSE investment right now (by First Avenue Investment Management)

You should make lots of money (while you sleep!) if you invest in this company suggested by Investment Analyst Nadim Mohamed.

Best. News. Ever!  The price of cocoa is falling

Best. News. Ever! The price of cocoa is falling

Cocoa is the main ingredient in chocolate; the reason for living. Bruce Whitfield interviews Nomu Brands cofounder Paul Raphaely.

Unmarried, but living together? Here’s how to arrange your finances…

Unmarried, but living together? Here’s how to arrange your finances…

Bruce Whitfield interviews Galileo Capital Personal Financial Advisor Warren Ingram for his weekly personal finance feature.

Popular articles
Molefe should reject MP offer (if he stands for excellence)- Eusebius McKaiser

Molefe should reject MP offer (if he stands for excellence)- Eusebius McKaiser

Eusebius McKaiser says if Brian Molefe accepts the offer it would reinforce the idea that he has been a wolf in sheep's clothing.

7 inexcusable reasons why people don't use condoms (when they should)

7 inexcusable reasons why people don't use condoms (when they should)

Dr. Eve explains the importance of condom usage and educates people about the transmission of sexually transmitted infections.

LISTEN: Tropical storm Dineo wreaks havoc and claims lives in Mozambique

LISTEN: Tropical storm Dineo wreaks havoc and claims lives in Mozambique

SA Weather Service says Dineo is expected to affect Limpopo, Mpumalanga and northern KZN.

KZN ANC calls for scrapping of provinces

KZN ANC calls for scrapping of provinces

The African National Congress (ANC) in KwaZulu Natal wants the provinces system scrapped and Cosatu backs this call.

Ex-cyclone Dineo to hit Limpopo, Mpumalanga overnight - SA Weather Service

Ex-cyclone Dineo to hit Limpopo, Mpumalanga overnight - SA Weather Service

Despite the downgrade, residents in parts of Limpopo and Mpumalanga can still expect flooding and heavy rains.

Why the iconic Nokia 3310 is so appealing (and making a comeback!)

Why the iconic Nokia 3310 is so appealing (and making a comeback!)

The most resilient and reliable phone ever made is making a comeback and some are saying it's long overdue. Here's why.

I have suffered backlash from white people (and black people) - Kasi Mlungu

I have suffered backlash from white people (and black people) - Kasi Mlungu

Anita Ronge, famously known as Kasi Mlungu, talks music career, race and township lifestyle with Eusebius McKaiser.

100 scholarships up for grabs to deserving students

100 scholarships up for grabs to deserving students

Together, the SA and Hungarian governments are offering scholarships for students who want to do bachelor, masters, and PhD degrees.