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Trades about 157% below its sector, cheaper than its peers on earnings.
Herfy Food Services is primarily involved in establishing, managing, and franchising restaurant outlets, predominantly within Saudi Arabia. Its eateries serve prepared meals to a diverse clientele, including corporate clients. By the close of 2021, the company operated 386 HERFY-branded restaurants in the Kingdom, with 40 being company-owned and 346 under lease agreements. Beyond its restaurant operations, Herfy extends its offerings to include catering, the production and sale of various food items such as meat products, pastries, and baked goods, and the management of its own bakeries. Furthermore, it engages in real estate activities, acquiring and divesting land for development purposes, and manages the ownership, utilization, upkeep, and rental of retail spaces and refrigeration units for food storage. Established in 1981, Herfy Food Services is headquartered in Riyadh, Saudi Arabia.
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