All Results articles – Page 11
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OpinionAnalysts corner: When will the wheels fall off the Waga?
Peel Hunt analyst Douglas Jack gives his view on the prospects for The Restaurant Group, which is due to report on Q1 trading next week. He says that while Wagamama’s like-for-like sales are likely to flatter for a while yet, the cost of labour inflation and broadly flat lfls in the rest of the company leaves the brand with little room to slow. He also asks whether it is time for companies like TRG to break out their in-store and delivery revenues and lfl sales.
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NewsJDW Q3 lfls up 7.6%
JD Wetherspoon has announced like-for-like sales (lfls) in the 13 weeks to 28 April rose 7.6%.
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NewsDomino’s UK lfls up 3.1% in Q1
Domino’s has reported like-for-like sales up 3.1% in the UK in its first quarter, to 31 March.
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NewsAB InBev sees continued momentum in low-alcohol
AB InBev has said it is seeing no-alcohol and low-alcohol beer growing at nearly twice the rate of higher-strength beer in the UK.
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NewsGBK FY operating loss up to £4.6m
GBK parent company, Famous Brands, has confirmed that the group will record an operating loss of £4.6m for the year to 28 February.
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NewsIntu UK footfall dips slightly
Intu has reported footfall in its UK centres down 0.2% for the first four months of the year.
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NewsAnalysts corner: Greene King
Following Greene King’s full year results announcement yesterday, analysts from Hargreaves Lansdown and Goodbody give their reactions on the numbers.
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NewsVeggie Wraps and Big Macs with Bacon boost McDonald’s sales
Menu innovations have helped to drive growth for McDonald’s UK and Ireland in Q1 of 2019.
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NewsPizzaExpress underlying lfls flat in 2018
PizzaExpress has reported flat like-for-like sales in 2018, with group turnover up 1.6% to £543m.
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NewsWhitbread sees dip in lfl accommodation and f&b sales
Whitbread has reported like-for-like (lfl) food & beverage sales down 2% in its full financial year.
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NewsJust Eat UK orders up 7.4% in Q1
Just Eat has reported UK orders up 7.4% in the first three months of 2019 – to 31.9 million.
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NewsPod sees ‘dramatic turnaround in performance’ in 2018
Pod Food has said it saw a “dramatic turnaround in performance” last year, as forecast in last year’s accounts, with EBITDA levels improving by £1.2m, to reach a positive £0.4m figure for the year to 3 January 2019.
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NewsComptoir adopts cautious approach to expansion
Comptoir Group is to adopt a cautious approach to expansion, as it reveals results for 2018.
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NewsWarrens Bakery profits hit by hot weather and higher costs
Warrens Bakery has seen EBITDA fall to minus levels in the full year to 30 June 2018, following the impact last summer’s hot weather coupled with increasing costs.
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NewsCDG lfls up 2.6% YTD
Casual Dining Group (CDG) has reported like-for-like sale (lfls) up 2.6% in the year to date, with a 4.2% rise in the 13 weeks since the New Year.
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NewsZonal sees lfl growth margins up 4%
Zonal has seen its like-for-like gross margin increase by 4%, to 70%, in the year ended 30 June 2018, with record investment in research and development – up 41% to £6.9m.
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NewsWildwood confirms expansion pause for 2019
Wildwood operator Tasty has reiterated that it does not intend to open any new restaurants in 2019, as it reported a 6% decline in revenue for the year to 30 December 2018.
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NewsWelcome Break non-fuel lfls up 3.7% in 2018
Welcome Break, the motorway service station operator, saw non-fuel sales grow 3.7% on a like-for-like basis in 2018.
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NewsWagamama US is “subscale operation”
The Restaurant Group has said Wagamama’s US arm is a “subscale operation” and a strategic review is required to assess future plans.
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NewsJDW sees H1 lfls up 6.3%
JD Wetherspoon has achieved a revenue increase of 7.1% for the 26 weeks to 27 January 2019, to £889.6m, with like-for-like sales (lfls) up 6.3% over the period.