All Results articles – Page 49
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Analysis & Insight
Sector lfls grow 7.2% in January
Like-for-like sales across 27 leading pub, restaurant and bar groups grew 7.2% in January, as the trade benefited from favourable comparatives against the snow-hit first month of 2013
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News
Heineken UK FY beer volumes dip
Heineken saw UK beer volumes decline by a “low-single digit” figure in 2013, with the market “impacted by a fragile economic environment”
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News
Loungers FY sales to top £33m
Sales at Loungers, the Piper-backed cafe bar operator, for the year to the end of April are projected to be in excess of £33m, over 50% up on the previous 12 months, M&C Report has learnt
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News
Compass: Starting to see signs of stabilisation
Compass has said that whilst economic conditions in Europe continue to be difficult and overall organic revenue in its first quarter remained negative across the region, it is starting to see some signs of stabilisation
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News
Yum! UK system sales growth accelerates
Yum! Brands, the owner of the KFC, Pizza Hut and Taco Bell fast-food chains, saw system sales growth in the UK accelerate to 3% in Q4 2013, leaving growth of 1% in the year to 28 December
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News
Chapman Group PBT falls on higher admin costs
Chapman Group, the West Sussex-based pub, restaurant and hotel operator, saw pre-tax profits more than halve in the year to 31 March 2013 after administrative costs grew by 10.6% to £5.3m
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News
Chipotle to maintain growth rate; FY revenue up 17.7%
Chipotle Mexican Grill says it plans to maintain its rate of expansion in 2014 as it reports a 17.7% rise in revenue to $3.2bn (£1.9bn) in 2013, aided by an improved performance in Q4
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News
Fuller's: Christmas, Brewer Street, investments, analysts
Friday 20 December was the busiest trading day ever for Fuller’s, with sales up 15% year-on-year on so-called ‘mad Friday’, chief executive Simon Emeny has told M&C Report
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News
Diageo GB returns to growth
Diageo Great Britain returned to growth in the six months to 31 December, reporting a net sales increase of 1%, with volume and value share growth for Guinness, Pimm’s net sales nearly trebling and “signs of improved momentum” for Smirnoff
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News
Spaghetti House reports improved performance
Spaghetti House, the London-based, family-owned chain, has said that it has seen a further improvement in performance in the year to date and that its 12-strong estate was currently trading “very well”
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News
Diageo Western Europe decline slows
Diageo has reported a slowing of net sales decline in Western Europe in the six months to 31 December, which it said helped to absorb some of the challenges in emerging markets
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News
Fuller's managed lfls grow 7.2%
Fuller’s, the London-based brewer and pub operator, has reported a 7.2% rise in like-for-like sales in its managed division in the 10 weeks to 25 January and said the good results has caused it to bring forward additional projects this financial year
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News
Lfls up 2% at M&B
Mitchells & Butlers (M&B) has reported a 2% rise in like-for-like sales in the 17 weeks to 25 January, helped by a 2.6% rise in sales across the three-week festive period to 4 January and milder weather compared to last year
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News
Britvic Q1 GB revenues grow 1.5%
Britvic saw revenues in its British business grow by 1.5% in the 12 weeks to 22 December, with decline in volumes mitigated by improvement in the average realised price (ARP) of 3%
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News
PizzaExpress strengthens management team
PizzaExpress has strengthened its management team with the appointments of former Whitbread finance director Andy Pellington as its new chief financial officer, and Charlotte Maxwell, formerly of Talk Talk, as its new commercial director
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Analysis & Insight
F&B deal volumes rose in Q4
Deal volumes in the food and beverage sector rose slightly in Q4 2013 compared to Q3 2013 as the number of private equity backed deals increased by 60% in the same period
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News
McDonald’s UK reports strong year of growth
McDonald’s UK has said that it delivered another strong year of growth in 2013, despite the economic environment remaining challenging, the horse meat scandal and Britain experiencing an uncharacteristically hot summer
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News
Q1 sales up at Starbucks
Starbucks said it saw improvements across all its major markets in its first quarter, including the UK, where it said declining unemployment and the economic recovery had helped to drive growth
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News
McManus eyes expansion as earnings and lfls grow
McManus Pub Group, the 18-strong Northampton-based pub operator, is looking at several potential new acquisitions as it reports an improvement in earnings and like-for-like sales, M&C Report has learnt
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News
Charles Wells grows PBT in 'year of steady progress'
Charles Wells has reported a year of “steady progress” as it grew pre-tax profits from £6.5m to £6.7m and reduced net debt by £18.8m to £44.7m, due to the sale of its distribution depo and its Kestrel Super Strength brand, M&C Report has learnt