All Fuller’s articles – Page 33
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News
Jack optimistic for January trading updates
Leading sector analyst Douglas Jack says he believes forthcoming updates from nine from pub and restaurant operators should be in line or slightly ahead of expectations.It follows figures from the Coffer Peach Tracker that show a 3.4% rise in like-for-like sales in November, said Jack, of Numis Securities. “Strong Christmas ...
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News
Jack: The investment case
Leading analyst Douglas Jack at Numis Securities says that consumers’ relentless quest for value favours large-scale operators that offer value food, benefiting food-led pubs more than restaurants. He says that pub sector sales have returned to growth (in value terms), an improvement that reflects a declining reliance on beer (40% ...
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News
Pubs generally performed better than restaurants
A leading analyst has said that now that all of the major operators have updated the market on current trading, it can be concluded that pubs have generally performed better than restaurants, while London has again, despite the Olympics, been the basis of geographic outperformance.Geof Collyer at Deutsche Bank said: ...