All Results articles – Page 37
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Burger King reports 2.7% global lfls growth
Burger King has reported 3.7% sales growth in North America in July and August and 2.7% globally, according to a Securities and Exchange Commission filing that showed Tim Hortons enjoying like-for-like sales of 3.6% in Canadian stores and 7% in US stores
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Analysts upgrade Greggs
Two leading analysts have upgraded their expectations for Greggs following upbeat interim management statement for the third quarter from the high street bakery group
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Greggs FY profits 'to exceed expectations' as lfls rise
Greggs, the bakery chain headed by Roger Whiteside, has reported a significant improvement in recent trading with like-for-like sales up 5.4% for the 11 weeks to 13 September, and said it expects full-year profits to be “materially ahead of our previous expectation”.
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Ping Pong FY lfls grow 3.9%; losses widen
Ping Pong, the London-based dim sum chain, saw like-for-like sales rise 3.9% in the year to 30 March 2014 although pre-tax losses widened from £295,606 to £1.5m
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JDW FY PBT grows 3.1%, operating margins dip
JD Wetherspoon has reported a 5.5% rise in like-for-like sales in the year to 27 July, with profit before tax and exceptionals up +3.1% to £79.4m, although pre-exceptional operating margin declined
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Prezzo reports 'strong' H1
Prezzo, the restaurant group headed by Jonathan Kaye, has reported a “strong” start to the year with a 17% rise in adjusted EBITDA to £14.6m in the 26 weeks to 29 June, and said it expects to have opened 25 new restaurants by its year end
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Gaucho lines up Far East opening
Gaucho Holdings will open its first Asian outpost in the heart of Hong Kong in mid-October
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McDonald's: UK 'positive' amid global decline
McDonald’s says a “positive” performance in the UK helped to offset weakness in Russia, as comparable sales across Europe fell 0.7% in August
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Ellis raises Whitbread TP
Leading analyst Wyn Ellis has increased his Target Price for Whitbread from £43 to £45 after its “very strong” trading update
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Greene King Retail lfls rise 0.4%
Greene King, the brewer and pub operator, has reported a 0.4% rise in like-for-like sales in its managed Retail arm in the 18 weeks to 7 September, with “tough comparatives” from last year’s “excellent” summer, “compounded by a disappointing World Cup”
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Whitbread Q2 lfls grow 6.8%
Whitbread has maintained its like-for-like sales growth in its most recent trading period, with growth of 6.8% in the 11 weeks to 14 August, and said it “remains on track for another good year”
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Network Rail reports strong growth for food operators
Like-for-like sales at ‘specialist’ food retailers Wasabi, Nampo, Mi Casa and Patisserie Valerie at stations operated by Network Rail increased by 18% in the three months to 30 June
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McDonald’s UK FY turnover hits £1.5bn
McDonald’s Restaurants Limited, the UK arm of the fast food giant, saw turnover for 2013 grow 13.7% to reach £1.5bn in 2013, as pre-tax profits rose 21.1% to £244.9m
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Miller Brands maintains strong performance
Miller Brands UK, the supplier of premium beer brands Peroni and Pilsner Urquell, has continued its strong performance in its current financial year after reporting growth in the year to 31 March, managing director Gary Haigh has told M&C Report
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Glendola: FY PBT falls 11.2%
Glendola Leisure, the London-based bar and restaurant group, has seen its profit fall to £2.2m from £2.5m the previous year in what it called “a reasonably successful period in challenging economic circumstances”
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Trust Inns FY PBT grows 32.8%
Trust Inns, the tenanted pub operator led by Lynne D’Arcy, saw pre-tax profits grow 32.8% to £3m in the year to 31 March
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Miller Brands FY PBT grows 20.9%
Miller Brands UK, the supplier of premium beer brands Peroni and Pilsner Urquell, saw pre-tax profits grow 20.9% to £23.8m in the year to 31 March on turnover up 3% to £247.5m
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Tasty reports 23.6% rise in H1 PBT
Tasty, the operator of the Wildwood and Dim T brands, saw pre-tax profit increase 23.6% to £973,000 in the 26 weeks to 29 June
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KFC reports rise in FY PBT
KFC UK & Ireland saw pre-tax profit for the year to 1 December 2013 climb from £39.1m to £40.1m
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Hall & Woodhouse FY PBT grows 11%
Hall & Woodhouse, the Dorset-based brewer and pub operator, has reported an 11% rise in pre-tax profit to £7m in the year to 25 January 2014 and revealed it has total committed facilities in place of c£60m