All Results articles – Page 59
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NewsWagamama FY lfls grow 3.4%
Wagamama, the Duke Street Capital-backed noodle chain, has told M&C Report that like-for-like sales grew 3.4% in the year to 28 April 2013 and emphasised that there’s “considerable potential” for continued expansion
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Lfls up 8.4% at Essenden
Essenden has reported an 8.4% increase in sales for the 15 weeks to 12 January 2014, with trading over the six week Christmas and New Year period up by 8.5%
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'Poor' on-trade hits Hop Back
Hop Back Brewery, the Wiltshire brewer, has cited poor national on-trade sales as the main reason for falling into the red in the year to 30 September 2013
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NewsSpirit Q1 Managed lfls grow 4.3%; Leased returns to growth
Spirit Pub Company has reported a 4.3% rise in like-for-like net sales in its Managed arm in the 20 weeks to 4 January - including growth of 7% over Christmas - while its Leased estate returned to like-for-like net income growth
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NewsGreene King managed lfls rise 6.3% over festive fortnight
Greene King, the brewer and pub operator, has reported a 5% rise in like-for-like sales at its managed sites in the past six weeks, with managed like-for-likes up 6.3% in the two weeks over Christmas and the New Year, including sales on Christmas Day up 12%
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Everards eyes six acquisitions in 2014
Everards managing director Stephen Gould has told M&C Report he hopes to add around six sites this year, as the company reports a 1.7% rise in profit before tax and exceptionals to £1.6m in the year to 30 September
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Peach eyes acquisitions as festive lfls grow 7.1%
Peach, the Oxfordshire-based multiple pub operator, says it’s looking to secure one or two more new sites this year as it reports a 7.1% rise in like-for-like sales in December
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FY EBITDA up 5% at Gusto and Blackhouse
Gusto and Blackhouse, the Living Ventures-owned restaurant brands, reported a 5% rise in EBITDA for the year to 31 March 2013 to £2.4m, as turnover climbed 7% to £27.3m
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NewsD&M turnover up 2.4%
Drake & Morgan has reported a 2.4% rise in turnover on a like-for-like basis to £4.1m for the three months to the end of June
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NewsGreggs could make 410 redundancies
Greggs says it could make 410 redundancies by decommissioning in-store bakeries and restructuring its management and support teams, which it says could save the company £6m per year from 2015
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NewsBarburrito founder steps down
Barburrito has said that co-founder Paul Kilpatrick has stepped down from the company to pursue other interests, as it reported a 16% rise in turnover to £4.6m for the year to 31 March 2013
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NewsBrown moves Domino's from Sell to Hold
Leading analyst Wayne Brown has upgraded Domino’s Pizza from Sell to Hold and raised his Target Price for the company following its Q4 results yesterday where it reported a 10.9% rise in UK like-for-like sales for the 13 weeks to 29 December
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NewsFY lfls up 3.5% at TRG
The Restaurant Group (TRG), the operator of Chiquito and Frankie & Benny’s, has said that its like-for-like sales were ahead by 3.5% in the 52 weeks to 29 December 2013, with turnover 9% ahead of the previous year
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Pre-tax losses widen for A to Z Restaurants
A to Z Restaurants, the trading name of the four-strong London Fine Dining Group, saw pre-tax losses widen from £874,000 to £1.1m in the year to 31 March 2013
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Losses narrow for IRC parent
The parent company of Individual Restaurant Company (IRC), the operator behind the Piccolino and Restaurant Bar & Grill formats, saw losses narrow in the year to 31 March 2013 as turnover grew 31.7% to £55.3m
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NewsArkell's profits fall in 'challenging' year
Arkell’s, the Wiltshire-based brewer and pub operator, saw profits before exceptional items and tax fall 21% to £1.4m in the year to 31 March 2013
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Lfls up in excess of 8.5% at Rex Restaurants
Rex Restaurants, the company led by Jeremy King and Chris Corbin, saw like-for-like sales increase in excess of 8.5% in the nine months to December 2013, driven by a combination of increases in covers and average spend
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NewsFestive trading update part 2
La Tasca, ETM Group and Tortilla are the latest companies to talk to M&C Report about their performance over the festive season.
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Butcombe PBT falls 58.5%
Butcombe Brewery has reported a sharp fall in full-year profits and says it’s taking action against its legal advisors in relation to costs incurred to enact a break clause on a pub lease
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Tynemill reports steep fall in FY profits
Tynemill, the East Midlands brewer and pub operator that trades as Castle Rock Brewery, saw pre-tax profits fall from £314,700 to £75,000 in the year to 31 March, a period the group called “particularly challenging”.