Barbeques Galore burns out | Breville brews $1.1 billion in revenue | Kraft Heinz cancels breakup plan
What the Flux · Flux
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Show Notes
Barbeques Galore has entered receivership, putting 500 jobs on the line as liquidity issues leave Australia’s biggest BBQ retailer fighting for survival.
Breville’s premium coffee boom has seen revenue pass $1.1 billion, even as US tariffs keep profits flat.
Kraft Heinz has scrapped its planned breakup and is betting $600 million that a turnaround tastes better than a split.
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