The Money Show Famous Brands profit up 6%, hits 3 008 outlets—AI bubble looms: bubble, bubble toil and trouble?
4 snips
Oct 22, 2025 Darren Healy, CEO of Famous Brands, discusses the company's recent 6% profit increase and the strategic expansion to 3,008 outlets. Melvin Lubega, a technology entrepreneur, shares his insights on the edtech landscape and the importance of sustainable investments. Keegan DaCosta highlights common pitfalls in corporate AI initiatives and offers practical advice for businesses. Wendy Nola, the 'consumer ninja', explains the complexities of changes to FNB's eBucks program, raising concerns about customer implications. A vibrant discussion on trends and challenges in business today!
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Driver's License Booking Surprise
- Stephen Grootes booked a driver's license appointment online at Waterfall and found the process shockingly quick.
- He expected a long day but completed booking in under ten seconds and felt pleasantly surprised.
Famous Brands Growth Amid Weak Economy
- Famous Brands grew outlets to 3,008 and reported modest profit and revenue increases despite a weak economy.
- CEO Darren Healy attributes growth to convenience formats, drive-throughs and people returning to workplaces.
Lunch Is The High-Value Occasion
- Lunch trade remains a critical, time-constrained occasion driving volume for quick-service restaurants.
- Employers offering in-house food and delivery competition are changing customer choices and value expectations.