Finance – Page 168
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NewsAnalyst corner: Barnfather on Greene King
Leading analyst Anna Barnfather at Liberum has said that the recent sales slip at Greene King should be put into context
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NewsCosta shares down on growth concerns
Shares in Costa owner Whitbread fell yesterday after analyst Citigroup downgraded the company
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NewsStein eyes further expansion after FY sales growth
The Rick Stein business is looking to further expand over the next year, after reporting a 29% in sales in 2016 to £26.1m
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NewsTasty axes pipeline for 2018
Tasty, the Wildwood operator, has reported a loss after tax of £9.3m for the 26 weeks to 2 July and said it does not plan to open any sites in 2018.
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Analysts corner: Greene King
Leading analysts have given their view on Greene King’s trading update this morning.
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Analysts corner: Brumby on casual dining
Jack Brumby, of Langton Capital, gives his view on a “full house of casual dining profit warnings, how we got here and identifies who are the winners and losers.
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NewsFulham Shore reports slowdown in trade
Fulham Shore has said that during the holiday season in July and August it experienced a slowdown in trade
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NewsLiberum: Potential grassroots of the TRG strategy working
The leisure team at analyst Liberum said it sees the potential grassroots of TRG’s strategy working
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NewsUS PE firm eyes Innis & Gunn stake
A US private equity firm L Catterton is in talks to acquire a 27.9% stake in Innis & Gunn
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NewsRosa’s Thai to consider its options
Rosa’s, the Thai cafe concept, has appointed advisors as it considers its funding options to support future growth
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NewsHop Stuff secures second site, eyes “convertible crowdfunding”
Hop Stuff Brewery has secured a second site as it gears up a further fundraising push, MCA understands.
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Analyst corner: Rollo on Whitbread & SSP
Leading analyst Jamie Rollo at Morgan Stanley has said he sees Whitbread performing well into year end
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NewsC&C and Proprium create JV to acquire Admiral
C&C Group has created a joint venture with US investment fund Proprium Capital Partners to acquire Admiral Taverns
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NewsBGF takes stake in Filmore & Union
Filmore & Union is set for further expansion, after the Business Growth Fund invested £3.5m into the 14-strong business
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Analysts corner: Jack on TRG
Leading analyst Douglas Jack, of Peel Hunt, has given his further thoughts on The Restaurant Group’s H1 trading update. He said that that with expansion and prices being cut, and opportunities for cost savings being used up, like-for-like sales rises are needed more than ever.
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‘Limited attraction’ for investors in pub sector
Analysts at HSBC have said there are limited attractions for investors in the pub sector and expressed concern generally about the sector
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NewsEveryman Cinema swings into profit
Everyman, the boutique cinema chain, swung into profit in the first half of the year as the it signalled plans for further expansion
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Consumer confidence rebounds from post-brexit low
UK consumer confidence has staged a slight recovery from its lowest level since just after the Brexit vote
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Business confidence slumps to lowest level since last year
Businesses are feeling less confident about the economy and their own trading prospects than they have at any point during the last year, according to new research by Lloyds Bank A monthly survey shows that overall business confidence among 200 companies with a turnover of at least £1m, fell by ...
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NewsAnalysts corner: Jack and French on TRG H1
Leading analysts Douglas Jack, of Peel Hunt, and Simon French, of Cenkos, have given thier views on The Restaurant Group’s H1 update this morning.