United Foodbrands Limited has informed the Exchange regarding 'Clarification Regarding Recent Media Reports Relating To Levy OfService Charge At Barbeque Nation Restaurants'.
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United Foodbrands Limited (formerly Barbeque-Nation Hospitality Limited) has issued a clarification in response to recent media coverage and a Central Consumer Protection Authority (CCPA) order about service charges at Barbeque Nation restaurants. The company stated that its restaurants do not levy any service charge on customer invoices. It further clarified that service charge has not been levied since March 2025. Because of this, the company asserts that the recent CCPA order has no impact on its current business operations or financial performance. The filing was made to address investor concerns arising from news reports.
The company is proactively addressing negative media coverage to reassure investors that the CCPA order is not relevant to its current operations. This may help limit any short-term sentiment drag, though the company's response hinges on its claim of having already stopped the practice in question.