All Brunning & Price articles
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NewsThe Restaurant Group delivers double-digit growth across divisions
CEO Any Hornby hailed a “genuinely transformational year for TRG” where Wagamama saw 11% lfl growth, and Brunning & Price pubs and Concessions saw a 10% and 29% uplift respectively in 2023
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Analysis & InsightBrunning & Price named top pub operator
The Restaurant Group’s pub division has topped CGA’s PubTrack rankings and is joined in the top five by St Austell, Hydes Anvil, Youngs, and Everards
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NewsPizzaExpress owners may make rival bid, TRG says
The Restaurant Group has said it will ‘carefully consider’ a rival bid, which may result in a bidding war between Apollo and PizzaExpress owners Wheel Topco
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Analysis & InsightTRG/PizzaExpress combination offers ‘compelling logic’
MCA asks industry commentators about a potential bid by PizzaExpress owner Wheel Topco for The Restaurant Group, a deal that could not only see cost synergies but combine two of the high street’s biggest brands
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Analysis & InsightInterims ‘reinforce’ TRG’s negotiating position
Outperformance, delivered in a competitive environment, puts the Wagamama owner in a stronger position as it weighs potential asset disposals, according to analysts
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InterviewsTRG: ‘We’re reviewing our options from a position of strength’
CEO Andy Hornby tells MCA that the group’s Wagamama and Pubs divisions have seen real volume growth and outperformed the market, with the pace of expansion accelerated accordingly
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NewsActivist investor weighs bid for TRG divisions
Activist investor TMR Capital is reported to be weighing a bid for The Restaurant Group’s Brunning & Price and Leisure divisions
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Analysis & Insight
Pressures to grow shareholder returns remains for TRG
The pressure to make large disposals also remains, with shareholder Irenic saying improved trading ’highlights the gap between the company’s intrinsic value and its significantly lower share price’
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NewsTRG reports strong trading in year to date
The Restaurant Group has said it is reviewing its strategic options while accelerating the expansion of Wagamama, and reported progress on the rationalisation plan for its leisure estate
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Analysis & InsightBrunning & Price tops pub survey
The ranking was based on a combination of revisit, recommend and satisfaction scores, according to CGA by NIQ’s new PubTrack survey
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NewsActivist Coltrane seeks change at TRG
A New York-based investor has called for change at The Restaurant Group after taking a 3% stake, The Sunday Times reports
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NewsRumours circulate about TRG pub sale
There is speculation that The Restaurant Group could be weighing up a potential sale of its pubs business Brunning & Price following pressure by activist investor Oasis
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InterviewsTRG: ‘Anything that helps the consumer is welcome’
Chief executive Andy Hornby speaks to MCA about introducing modest price increases, hedging the group’s utilities supply for three years, and the softening of delivery volumes
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NewsTRG sees robust trading at Wagamama and Pubs
The group believes the performance and recovery at Concessions will offset the impact of inflationary pressures
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NewsWagamama achieves +21% like-for-like growth
The Restaurant Group has reported strong like-for-like sales since the reopening of indoor trading. But dine-in covers remain below 2019 equivalents, with much of the growth coming via delivery. During the 15 weeks to 29 August 2021, its Wagamama brand achieved +21% like-for-like growth versus its 2019 ...
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NewsAndy Hornby: TRG ‘seriously expanding’ Brunning & Price
The Restaurant Group (TRG) plans to near double the number of Brunning & Price pubs following its £175m recapitalisation, chief executive Andy Hornby has told MCA.
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NewsSales and profits up at Brunning & Price
Brunning & Price has said sales were up 11% to £80.5m for the year ending 30 December 2018. Pre-tax profits were also up to £13.8m, compared to £10.1m the previous year, before exceptional items. “Our business is well positioned in the market with a compelling, differentiated food-led offer that consistently outperforms the pub restaurant sector,” said the business.
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NewsBrunning & Price acquires Surrey Hills pub
Brunning & Price has acquired The Parrot Inn in Forest Green, near Dorking, Surrey.
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NewsFood & Fuel confirms sale to Brunning & Price
Food & Fuel has confirmed it has sold the entire share capital of the business to Brunning & Price, part of The Restaurant Group (TRG), as reported by MCA yesterday.
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News
Brunning & Price plans Solihull development
Brunning & Price, The Restaurant Group-owned pub group, is looking to further strengthen its presence in the Midlands, after submitting a planning application to develop a site near Solihull.