All Results articles – Page 2
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NewsGreene King lfls fall across Pub Company in Q1
Greene King’s Pub Company arm has seen like-for-like sales (lfls) fall by 1.8% for the first 18 weeks of the new financial year, to 1 September, however the past seven weeks saw a 1.5% uplift.
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NewsPizza Express to focus on upgrading sites as EBITDA falls 7.7%
Pizza Express is to focus its capital investment on upgrading its existing estate in the UK & Ireland, rather than adding new sites, as sales remained flat in the first half of the year.
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NewsDirty Martini cleans up with sales hike
Dirty Martini has reported a like for like sales uplift of 12% for the 13 weeks to 28 July. The performance of its regional sites was particularly strong, with sales up 19.4% compared to a jump of 6.6% in London.
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NewsSalad sales on the rise at McDonald’s
McDonald’s UK has seen sales of its side and main salads increase by 55% year-on-year as consumers go for healthier fast food options.
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OpinionAnalysts corner: Marston’s
Following Marston’s trading update for the 42 weeks to 20 July 2019, leading analysts from JP Morgan, Peel Hunt, Liberum and Goodbody share their reactions to the figures, which have been described as “slightly disappointing” in Q3.
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News
Barons Pub Company sees +12% rise in turnover
Barons Pub Company sees turnover up by up by more than 12%, from £11.5m to £12.9m for the 12 months to 30 September 2018.
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NewsHeavitree Brewery sees marginal increase in H1 revenue
Heavitree Brewery, the Exeter-based tenanted pub operator, achieved a 0.9% increase in group turnover for the six months to 30 April 2019, to £3.42m, as increased costs hit profit.
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NewsBeds & Bars sees group EBITDA rise 29%
Beds & Bars has reported a 39% year-on-year increase in group EBITDA to £7.2m, for the full year ended March 2019.
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NewsFriska makes loss in latest financial year
Friska, the YFM Equity Partners-backed group has made a loss in the full year to 30 September 2018, of £799.8k (2017: -£487.4k).
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NewsCoppa Club reports Q2 lfls up 8.9%
Coppa Club has reported that its like-for-like sales for the second quarter to (Jan - March), were up 8.9%.
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News
New menu at Hollywood Bowl mitigates food inflation
Hollywood Bowl, the 60-strong ten-pin bowling alley operator, has reported a boost in f&b sales across its estate over the six months to 31 March.
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NewsYoung’s FY managed lfls up 5.1%
Young’s has reported like-for-like (lfl) sales up 5.1% in its managed house division for the year to 1 April – up from 4.2% the year before.
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NewsM&B lfls up 4.1% in H1
Mitchells & Butlers has reported like-for-like sales (lfl) sales growth of 4.1% for the 28 weeks to 13 April 2019.
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NewsCity Pub Group YTD sales up 35%
City Pub Group has issued a trading update ahead of its AGM today, in which it revealed that sales for the 19 weeks to 12 May were up 35% on the previous year.
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NewsTRG lfls up 2.8%
The Restaurant Group (TRG) has reported like-for-like sales in the 19 weeks to 12 May up 2.8%.
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NewsCineworld retail revenue slumps YTD
Cineworld has reported retail revenue at its UK & Ireland cinemas down 6.8% in the period 1 January to 12 May.
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NewsEiG eyes further growth in commercial properties
Ei Group is aiming to convert 40-50 sites a year into its commercial properties portfolio.
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NewsGreggs expects FY sales to be “materially higher than expected”
Greggs has reported on continuing strong trade in 2019 and now expects full-year sales to be “materially higher” than expected.
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OpinionAnalysts corner: When will the wheels fall off the Waga?
Peel Hunt analyst Douglas Jack gives his view on the prospects for The Restaurant Group, which is due to report on Q1 trading next week. He says that while Wagamama’s like-for-like sales are likely to flatter for a while yet, the cost of labour inflation and broadly flat lfls in the rest of the company leaves the brand with little room to slow. He also asks whether it is time for companies like TRG to break out their in-store and delivery revenues and lfl sales.
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NewsJDW Q3 lfls up 7.6%
JD Wetherspoon has announced like-for-like sales (lfls) in the 13 weeks to 28 April rose 7.6%.