All Results articles – Page 39
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News
H1 EBITDA down at Richoux
Richoux, the operator of the eponymous brand and Dean’s Diner concept, has report a 2.7% decline in adjusted EBITDA to £780k for the 28 weeks to 13 July, describing its half-year figures as “disappointing”
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NewsM&B lfls rise 0.1% amid 'difficult' August
Mitchells & Butlers (M&B), the managed operator, has reported a 0.1% rise in like-for-like sales in the nine weeks to 20 September following “difficult” trading conditions in the pub sector in August
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NewsShepherd Neame reports record FY EBITDA
Shepherd Neame, the Kent-based brewer and pub operator, has reported a 8.9% rise in like-for-like sales across its managed pubs and hotels division
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Jack: Expect a strong Q3 from Domino’s
Leading analyst Douglas Jack said that he expects UK LFL sales at Domino’s Pizza Group to have remained double-digit positive
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Re-branding driven 10% lfls at EAT
EAT, the Lyceum Capital-backed group, has seen like-for-like sales grow by 10% since it began rebranding its stores and is preparing to return to restart growing its estate from January 2015
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FY revenues up 160% at Eagle Eye
Eagle Eye has reported a 160% increase in group revenue to £1.8m (2013: £0.7m) for the year to 30 June 2014
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AG Barr signs Snapple agreement, H1 PBT grows 14.6%
AG Barr, the soft drinks producer, has signed a 10-year agreement giving it exclusive rights to sell, market and distribute the Snapple brand in the UK and certain other EU territories
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NewsDomino's Poland targets rollout as H1 lfls grow 13%
DP Poland, the operator of the Domino’s Pizza brand in the country, has reported a 13% rise in like-for-like sales in the six months to 30 June as it targets launches in new cities with an accelerated rollout programme planned for 2015
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NewsTesco overstated H1 profits by c£250m
Tesco says it has overstated the figure for its expected half-year profits by an estimated £250m
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News
BHA income dips
The British Hospitality Association (BHA) saw income fall 1.2% to £1.37m in 2013, although subscription income rose 2.1% to £1.13m
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NewsWagamama distances itself from rapid expansion reports
Wagamama, the Duke Street Capital-backed chain, is understood to have distanced itself from reports that it’s looking to open 50 restaurants this year
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News
Booker lfls up 3.1% for Q2
Booker Group, the food wholesaler, reported like-for-like sales growth of 3.1% for non-tobacco sales and growth of 1.8% for sales excluding its Makro stores for the 12 weeks to 12 September 2014
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Essenden H1 lfls grow 6.1%
Essenden, the tenpin bowling operator, has reported a 6.1% rise in like-for-like sales in the 26 weeks to 29 June, in what it called a period of “significant progress” for the company
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NewsBurger King reports 2.7% global lfls growth
Burger King has reported 3.7% sales growth in North America in July and August and 2.7% globally, according to a Securities and Exchange Commission filing that showed Tim Hortons enjoying like-for-like sales of 3.6% in Canadian stores and 7% in US stores
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News
Analysts upgrade Greggs
Two leading analysts have upgraded their expectations for Greggs following upbeat interim management statement for the third quarter from the high street bakery group
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NewsGreggs FY profits 'to exceed expectations' as lfls rise
Greggs, the bakery chain headed by Roger Whiteside, has reported a significant improvement in recent trading with like-for-like sales up 5.4% for the 11 weeks to 13 September, and said it expects full-year profits to be “materially ahead of our previous expectation”.
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NewsPing Pong FY lfls grow 3.9%; losses widen
Ping Pong, the London-based dim sum chain, saw like-for-like sales rise 3.9% in the year to 30 March 2014 although pre-tax losses widened from £295,606 to £1.5m
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NewsJDW FY PBT grows 3.1%, operating margins dip
JD Wetherspoon has reported a 5.5% rise in like-for-like sales in the year to 27 July, with profit before tax and exceptionals up +3.1% to £79.4m, although pre-exceptional operating margin declined
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NewsPrezzo reports 'strong' H1
Prezzo, the restaurant group headed by Jonathan Kaye, has reported a “strong” start to the year with a 17% rise in adjusted EBITDA to £14.6m in the 26 weeks to 29 June, and said it expects to have opened 25 new restaurants by its year end
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NewsGaucho lines up Far East opening
Gaucho Holdings will open its first Asian outpost in the heart of Hong Kong in mid-October