All The Restaurant Group (TRG) articles – Page 9
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NewsAnalysts corner: TRG’s acquisition of Wagamama
Following the news this morning that The Restaurant Group is to acquire Wagamama, we round-up some of the latest analysts’ reaction on the deal, including Shore Capital, Goodbody, Berenberg and JP Morgan.
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NewsTRG swoops in to purchase Wagamama in £357m deal
The Restaurant Group (TRG) has announced it has conditionally agreed to purchase the entire capital of Mabel Topco Limited – the holding company of a group that owns and operates Wagamama.
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NewsPaul May steps down from TRG board
Paul May, the chief executive of Patisserie Holdings, is to leave his role as a non-executive director at The Restaurant Group with immediate effect.
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NewsMcGowan departs TRG in restructure
The Restaurant Group has confirmed to MCA that Murray McGowan has left his role as managing director of its Leisure division.
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NewsTRG brings nine more sites to market
The Restaurant Group has brought another nine sites to the market, following the successful disposal of 31 restaurants to date.
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NewsTRG appoints auditor
The Restaurant Group has announced the appointment of Ernst & Young as its new auditor.
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NewsTRG appoints head of ops for Food & Fuel
The Restaurant Group (TRG) has appointed Nick O’Donnell, formerly of Mitchells & Butlers (M&B), as head of operations for its recently acquired Food & Fuel 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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NewsTRG in talks to acquire Peach Pub Company
The Restaurant Group (TRG) is in talks to acquire Peach Pub Company, the Midlands-based, multiple pub operator
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News
TRG appoints SSP’s Ash as brand director
The Restaurant Group has appointed SSP’s Elise Ash as its new brand director.
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NewsTRG appoints new CIO
The Restaurant Group (TRG) has appointed Edgardo Savoy as its new chief information officer.
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NewsAnalysts corner: Peel Hunt on TRG
Leading analysts Douglas Jack and Ivor Jones, of Peel Hunt, have given their views on the recent update from The Restaurant Group, saying the return to like-for-like sales (lfls) growth and the expansion of the pub estate are encouraging signs but that further downgrades are likely.
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NewsAnalysts corner: Edison and Goodbody on TRG
While The Restaurant Group’s H1 trading update this morning might not have looked too rosy on the surface, the fact it is mid-turnaround meant a 3.7% drop in like-for-likes was actually no worse than expected, according to analyst Edison, which shares its views of the results alongside Goodbody.
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Opinion
Analysts corner: Peel Hunt on TRG
Recommending shareholders sell, analysts from Peel Hunt give their take on TRG’s results this morning.
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NewsTRG sees lfls down 3.7%; total sales down 2.1%
The Restaurant Group (TRG) has announced a decline in like-for-like (lfl) sales of 3.7%, while total sales are down 2.1% to £326.1m (2017: £333.1m), for the 26 weeks to 1 July 2018.
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NewsTRG to acquire Food & Fuel
The Restaurant Group (TRG) has agreed to acquire Food & Fuel, London-based food-led pub operator, in a deal valued at c£15m. MCA understands that the 11-strong Food & Fuel business, which comprises eight gastropubs, one sports pub and two café bars, will be incorporated into TRG’s c65-strong pub arm – ...
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Analysis & InsightBrandwatch: Chiquito
A common feature at leisure and retail parks across the UK, fast-casual Mexican chain Chiquito has underperformed the market in recent years. In response, parent company TRG has been investing in the brand’s development – so have their efforts been bearing fruit? Georgi Gyton investigates.
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OpinionAnalysts corner: Goodbody on The Restaurant Group
In advance of The Restaurant Group’s interim results announcement next week, Goodbody’s Paul Ruddy says it is encouraged by both the openings and format conversions being undertaken by the group, and believes there is evidence of a turnaround in like-for-likes in H2.
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NewsTRG launches delivery-only concept for Chiquito
The Restaurant Group (TRG) is rolling out a delivery-only concept for its Chiquito brand called Kick-Ass Burrito
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NewsBoyers joins TRG
Brett Boyers, who stepped down from Boparan Restaurant Group earlier this year, has joined The Restaurant Group