All Results articles
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NewsSummer weather masked localised trading issues at Deltic
The Deltic Group saw a 4.7% hit to like-for-likes for the full year to 23 February 2019, in what it described as a “tough year for the company”.
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NewsLoungers like-for-likes up 5.4%
Loungers has achieved strong like-for-like sales growth of +5.4% during the 24 weeks to 6 October 2019, with the group on track to open 25 new sites per annum.
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NewsShaftesbury F&B tenants reporting turnover growth, on average
Shaftesbury has said its food, beverage and retail tenants are, on average, reporting growth in turnover, however, in common with business generally, cost pressures and staff shortages continued to present operational challenges.
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NewsCorbin & King reports lfl growth of 2.5%
Corbin & King has reported a 2.5% increase in like-for-like sales for the period to 31 December 2018, with EBITDA up from £1.3m to £7.5m.
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NewsAzzurri Group achieves lfl growth across portfolio
Azzurri Group has reported a group sales increase of 7% for the year ended 30 June 2019, to £299.4m, with like-for-like sales growth seen across its four brands.
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NewsH1 was ‘game of two halves’ for Young’s
Young’s & Co has reported a total revenue increase of 7.3% for the 26 weeks to 30 September 2019, in a period it described as a ‘game of two halves’.
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NewsGreggs revises profit expectations
Greggs achieved a like-for-like (lfl) sales increase of 8.3%, within its company-managed shops, for the six weeks to 9 November 2019.
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NewsKFC UK sees sales up 6% in Q3
KFC UK achieved a 6% sales increase for the third quarter ended 30 September 2019, resulting in a +14% increase for the year-to-date.
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NewsTrial of McDonald’s To Go has been “encouraging”
Trials of McDonald’s new ‘To Go’ format have been “encouraging”, according to Paul Pomroy, chief executive for McDonald’s UK and Ireland, as the fast food operator’s focus on convenience gets results.
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NewsWhitbread sees turnaround in total F&B sales
Whitbread has seen total food and beverage sales within Premier Inn UK increase by 0.6% during the first half of 2019/20, following a 0.8% decline seen for H1 last year.
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NewsSeafood Pub Company sees losses increase
Seafood Pub Company has reported a group loss after tax of £2.73m for the full-year to 31 December 2018, compared to a loss of £1.15m the previous year, after higher administrative expenses and cost of sales impacted profits.
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NewsMore growth for Greggs
Greggs has revealed 7.4% increase in like for like sales for the 13 weeks to September 28, 2019. Total sales were up 13.9% and the business opened a net total of 56 shops. Greggs said the business “continued to trade very strongly in the third quarter. As expected, the rate of year-on-year sales growth moderated as we came up against stronger comparative sales from the previous year, but sales were still up strongly, driven predominantly by growth in customer numbers.”
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NewsRevolution reveals drop in profits as it builds for the future
Revolution Bars has revealed a fall in profits for the 52 weeks ended 29 June 2019, after exceptional items of £7.1m and bar opening costs of £1.5 million delivered a pre-tax loss of £5.6m. Like for like sales were also down 3.5%, but the business said they had improved over the period, from a 4% drop in H1, to a 2.9% drop in H2 and down 1.8% in Q4.
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NewsManaged pubs achieve strong lfls for Shepherd Neame
Shepherd Neame has achieved strong like-for-like (lfl) sales grow for both its managed and tenanted pub division but brewing and brands drove group turnover down over the full-year.
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NewsAG Barr sees revenue decline in ‘disappointing’ first half
AG Barr has seen revenue for the six months to 27 July 2019 decline from £136.9m in H1 last year, to £122.5m, following what it described as an “unprecedented year” for the soft drinks industry in 2018.
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NewsTasty sees sales down but losses reduced
Tasty, which operates Wildwood and Dim T restaurants, saw sales decline by 8% for the 26 weeks to 30 June 2019, to £21.1m (2018: £23m).
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OpinionBerenberg on City Pub Group
City Pub Group’s (CPG) H1 results showed “impressive top-line momentum”, said analysts at Berenberg, after the pub operator reported sales were up 36% year-on-year.
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NewsApplegreen sees total food sales slip back in H1 2019
Applegreen saw total UK food and store sales slip back from their strong performance last year, to +1.4% for the six months to 30 June 2019.
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NewsJDW sees lfls up 6.8% for full year
JD Wetherspoons (JDW) has reported a like-for-like sales (lfls) increase, before exceptional items, of 6.8% for the full year to 28 July 2019.
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NewsGBK sees lfls up 8.6% on back of previous decline
Gourmet Burger Kitchen UK (GBK) has achieved a like-for-like sales (lfls) increase of 8.6% for the 26 weeks to 25 August 2019. This follows a 9.7% decline seen in the comparable period last year.