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All Pubs articles – Page 25
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NewsWetherspoon reports ‘continued improvement in sales’
The pub operator expects profits for the current financial year to be in line with market expectations, and an “improved outcome” for FY24
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Analysis & InsightM&A: ‘The best businesses always sell’
Dealmaking activity in the pub sector is expected to pick up in the latter part of 2023, as inflation belatedly begins to come under control, Peter Hansen, partner at Sapient Corporate Finance predicts
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NewsFuller’s: 'The future looks very positive'
The premium pub group saw strong growth in revenues, like-for-like sales and profit, as the business fully recovered from covid-related restrictions
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NewsEverards returns to profit
The Leicestershire-based brewer and pub operator reports like-for-like sales growth of 6.3% in the nine months to June 2023
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Analysis & InsightMay Bank Holiday beats Jubilee weekend
Pubs sold 52.8m pints during the May Bank Holiday weekend, up +10.4% versus the 2022 Jubilee weekend
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InterviewsAmber Taverns: ‘We have the infrastructure and support to grow faster’
The wet-led operator is already averaging between 14-16 new openings year and could grow at an even faster pace if further aquisition opportunities arise, CEO James Baer tells MCA
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NewsPub shares tipped for a royal boost from the Coronation
Analysts predict Fuller’s, Mitchells & Butlers, J.D. Wetherspoon and Fever Tree will do well out of the special Bank Holiday weekend
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InterviewsCity Pub Group gears up for economic uptick
The premium pub company sees “good opportunities” in the market for pub acquisitions, but is primarily focussed on organic growth within the existing estate, CFO Holly Elliott tells MCA
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Analysis & InsightEaster Weekend sees 64.2m pints sold
Sales were +5.4% versus 2022, with stout and world lager the biggest category winners, according to the Oxford Partnership
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NewsBlack Sheep Brewery considers potential sale
The Masham-based brewer and pub operator has appointed a financial adviser to assess its options, including the potential sale of the business.
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NewsOpenings of the week
MCA rounds-up the latest openings stories from the past week, featuring Marugame Udon, JW Lees, Incipio Group and more
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NewsWetherspoon struggles to offload venues
The pub operator has only sold a handful of the 35 venues it has put up for sale, amid nervousness over the cost of living crisis and uncertain market conditions
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Analysis & InsightPubs and brewers fear softening demand in 2023
The squeeze on cost of living is seeing consumers begin to hold back spending and choose less expensive brands of beer
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NewsPubs, clubs and bars could open for longer to celebrate King’s coronation
The Home Office is launching a consultation looking at extending licensing hours on the three days of the bank holiday weekend, Sky News reports
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NewsMark Crowther joins Pub People as NED
The former Liberation Group CEO heralded the Downing-backed pub company’s “exciting acquisition plan”
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InterviewsWetherspoons’ Tim Martin: Get rid of the tariffs and Brexit works
For all the trouble it’s caused, leaving the EU was right, the founder and chairman of the pub chain tells The Sunday Times
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NewsStonegate announces operational restructure
The group has announced a number of new senior operational roles, including Nick Andrews as managing director for Stonegate Pub Partners, Craft Union and Vixen
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NewsHeatwave forces pubs to close
Steve Alton, head of the British Institute of Innkeeping said many pubs felt they had no choice but to stay closed in order to keep staff safe
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NewsOakman trading up 11% in June
However as a result of challenges with staffing and restricted trading, the pub group estimates it has lost around a further 2-3% of growth
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NewsPub Conference 2022: full agenda revealed
Stonegate’s chairman and founder Ian Payne, Fuller’s chief executive Simon Emeny and Shepherd Neame’s chief executive Jonathan Neame are among the highlights on the programme