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Grill’d expands despite $9M loss, citing store profitability and strong F1 partnership.
Australian burger chain Grill’d is expanding aggressively despite a $9 million loss in 2025, its second straight annual loss, as rising costs outpaced an 11% revenue increase to $441.3 million.
The company disputes its ASIC filing, claiming all 175 of its mostly corporate-owned locations are profitable, with new stores and drive-thrus outperforming older ones.
It plans to open 10 stores this year, 20 next year, and 25 annually after, while launching new products, a membership program called ‘Relish,’ and a successful partnership with Formula 1 driver Oscar Piastri that drives over 5% of sales.
Despite labor issues including a rejected wages agreement and a rest break lawsuit, Grill’d reports improved marketing efficiency and rising employee benefits.
Grilld se expande a pesar de una pérdida de $ 9M, citando la rentabilidad de la tienda y una fuerte asociación con F1.