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Australia’s biggest fried chicken chain has launched an “Australian first” menu item. KFC released the Cheesy Zinger Stacker on Tuesday. It’s first time the burger has been available in Australia. However, it was first released in Singapore in 2018. The burger features two Zinger fillets, a slice of cheese, lettuce, tangy tomato sauce and a thick layer of cheese sauce. It’s not the first KFC menu item in 2024 to feature cheese sauce. In September, KFC brought back The Slab for the first time in two years. The dish, which was only available until September 30, featured six pull-apart dinner rolls, Popcorn Chicken, cheese sauce and BBQ sauce. KFC released the Cheesy Zinger Stacker on Tuesday. Picture: Supplied Just like The Slab, the Cheesy Zinger Stacker is only on offer for a limited time. Customers can pick it up from November 26 until January 6. One said: “Give meeeeeeee.” “Double checked the date to make sure it’s not an April Fool’s video. It’s not — yay,” one social media user said. “Drools,” one social media user added. Another said it would be their Friday buy. Others said the burger was oversized. One claimed it almost “split” their mouth. To coincide with the launch, KFC has launched a collection. It includes $40 Zinger Smugglers, $60 Zinger Denim Tote Bag, $90 Original Recipe Rugby Top and KFC Croc Charms. All profits go to Aussie youth mental wellbeing through the KFC Youth Foundation and its charity partners — Black Dog Institute and ReachOut Australia. The merchandise is available through the KFC Australia Merch Store. It’s only available for a limited time. KFC has also released merchandise. Picture: Supplied The fast food chain just wrapped up its latest limited-edition item . The Tower Burger was available between October 29 and November 25. The burger was an instant hit when it first hit menus as a “secret” item in 2021, and despite a brief revival in June 2023, it hasn’t been available since. As a result, the news excited fast-food lovers, with many flooding social media to express their excitement. Food blogger AngeEats was quick to update his 166,000 followers on the item, declaring “hash browns belong inside a burger”. “Wow, run don’t walk guys,” he said in a video. “Tower burger literally the best seasonal menu item out of every fast food joint absolutely insane,” one social media user commented on a separate video. Another said: “The Tower is the only burger I like and I haven’t had it in about 10 years.” “AHHHH TOWER BURGER OMG SO EXCITED! I love the sauce,” one added. More Coverage Aussies are ‘stocking up’ on this Woolies item Claudia Poposki ‘Change the rule’: Calls to overturn school ban Claudia Poposki Originally published as Australia gets popular KFC item for the first time Eat Don't miss out on the headlines from Eat. Followed categories will be added to My News. More related stories Eat ‘Do we need?’: Woolies name change divides One major supermarket has renamed a popular festive product, causing outrage among some while others weren’t concerned. Read more Eat ‘World first’ Macca’s item lands in Australia The fast food giant released a “world first” menu item in Australia as part of its new summer menu – and it has divided fans. Read moreNoneOncocyte dd-cfDNA Assay Detects Kidney Transplant Rejection 11+ Months Ahead of Standard Protocols, New Study Affirms

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Pathstone Holdings LLC boosted its stake in shares of Group 1 Automotive, Inc. ( NYSE:GPI – Free Report ) by 25.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,180 shares of the company’s stock after purchasing an additional 2,089 shares during the quarter. Pathstone Holdings LLC owned about 0.08% of Group 1 Automotive worth $3,899,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company grew its position in shares of Group 1 Automotive by 22.0% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 639,142 shares of the company’s stock worth $190,004,000 after buying an additional 115,143 shares during the last quarter. Woodson Capital Management LP increased its position in shares of Group 1 Automotive by 114.6% during the first quarter. Woodson Capital Management LP now owns 142,500 shares of the company’s stock worth $41,643,000 after purchasing an additional 76,102 shares in the last quarter. Thrivent Financial for Lutherans lifted its holdings in shares of Group 1 Automotive by 596.3% during the 3rd quarter. Thrivent Financial for Lutherans now owns 76,384 shares of the company’s stock valued at $29,259,000 after purchasing an additional 65,414 shares during the last quarter. Assenagon Asset Management S.A. lifted its holdings in shares of Group 1 Automotive by 57.4% during the 3rd quarter. Assenagon Asset Management S.A. now owns 63,236 shares of the company’s stock valued at $24,222,000 after purchasing an additional 23,051 shares during the last quarter. Finally, Shellback Capital LP grew its stake in Group 1 Automotive by 27.1% during the 2nd quarter. Shellback Capital LP now owns 95,302 shares of the company’s stock worth $28,331,000 after buying an additional 20,302 shares during the last quarter. Hedge funds and other institutional investors own 99.92% of the company’s stock. Insider Activity at Group 1 Automotive In other Group 1 Automotive news, VP Edward Mckissic sold 79 shares of the company’s stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $374.01, for a total value of $29,546.79. Following the sale, the vice president now owns 6,259 shares in the company, valued at approximately $2,340,928.59. This represents a 1.25 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link . 1.70% of the stock is owned by company insiders. Analyst Upgrades and Downgrades Check Out Our Latest Stock Report on Group 1 Automotive Group 1 Automotive Stock Performance GPI opened at $421.14 on Friday. The company has a current ratio of 1.00, a quick ratio of 0.24 and a debt-to-equity ratio of 0.91. Group 1 Automotive, Inc. has a 12-month low of $255.73 and a 12-month high of $422.92. The firm has a 50 day moving average of $377.50 and a two-hundred day moving average of $342.27. The firm has a market capitalization of $5.61 billion, a PE ratio of 11.22 and a beta of 1.33. Group 1 Automotive ( NYSE:GPI – Get Free Report ) last issued its earnings results on Wednesday, October 30th. The company reported $9.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.87 by $0.03. Group 1 Automotive had a net margin of 2.68% and a return on equity of 18.49%. The firm had revenue of $5.22 billion during the quarter, compared to analysts’ expectations of $5.06 billion. During the same quarter last year, the company posted $12.07 earnings per share. The firm’s revenue was up 11.0% compared to the same quarter last year. On average, analysts anticipate that Group 1 Automotive, Inc. will post 38.37 EPS for the current year. Group 1 Automotive announced that its Board of Directors has initiated a share buyback program on Tuesday, November 12th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the company to repurchase up to 9.3% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its stock is undervalued. Group 1 Automotive Announces Dividend The business also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Monday, December 2nd will be paid a $0.47 dividend. The ex-dividend date is Monday, December 2nd. This represents a $1.88 dividend on an annualized basis and a dividend yield of 0.45%. Group 1 Automotive’s payout ratio is 5.01%. Group 1 Automotive Profile ( Free Report ) Group 1 Automotive, Inc, through its subsidiaries, operates in the automotive retail industry in the United States and the United Kingdom. The company sells new and used cars, light trucks, and vehicle parts, as well as service and insurance contracts; arranges related vehicle financing; and offers automotive maintenance and repair services. See Also Receive News & Ratings for Group 1 Automotive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Group 1 Automotive and related companies with MarketBeat.com's FREE daily email newsletter .Stock market today: Rising tech stocks pull Wall Street to another record

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