All The Restaurant Group (TRG) articles – Page 11
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News
McCue: Expect positive lfls in second half
The Restaurant Group chief executive Andy McCue has predicted that the company will see a retutn to positive like-for-like sales growth in the second half of this year.
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TRG pre-tax profits fell 26.4% in 2017
The Restaurant Group saw adjusted pre-tax profits fall 26.4% to £56.7m over what it described as a “transitional” year in 2017
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Analysts corner: Peel Hunt on TRG
Peel Hunt’s Douglas Jack and Ivor Jones give their overview on what to expect when TRG reports on its 2017 results next week.
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TRG Concessions signs Spuntino in airport franchise deal
American-Italian diner and cocktail bar Spuntino is to expand into airports following the signing of an exclusive franchise agreement with TRG Concessions.
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TRG Concessions takes over JDW pub at Aberdeen Airport
TRG Concessions has taken over the JD Wetherspoon pub in Aberdeen Airport.
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Edinburgh Airport first site for Barburrito/TRG partnership
Barburrito has opened its first airport site, in Edinburgh Airport this week, kicking off a new partnership with The Restaurant Group (TRG).
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TRG FY lfls down 3%
The Restaurant Group has reported like-for-like sales in the 52 weeks to 31 December down 3%, with total sales down 1.8%.
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Analysts corner: Jack on TRG
Leading analyst Douglas Jack, of Peel Hunt, gives his view on The Restaurant Group, pointing to the key challenge that capacity always goes in much faster than it comes out.
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Barburrito signs partnership with TRG
Barburrito has announced a new partnership with The Restaurant Group (TRG) which will see it launch sites in UK airports
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Brunning & Price to take Beaconsfield Loch Fyne
Brunning & Price, the 52-strong, The Restaurant Group-owned pub operator, is set to further increase its presence in the south east, with an opening in Buckinghamshire. The company, which is set to soon open the Old Courthouse on the former Jamie’s Italian site in Cheltenham, has secured the Loch Fyne ...
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Analysts corner: Jack on TRG
Leading analyst Douglas Jack, of Peel Hunt, has said that potential bidders for The Restaurant Group are likely to keep their powder dry until the Spring.
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McCue ups TRG stake
Andy McCue, chief executive of The Restaurant Group (TRG) has upped his stake in the Frankie & Benny’s and Chiquito operator
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Ayers steps down as Frankie & Benny’s MD
Spencer Ayers has stepped down as managing director of Frankie & Benny’s, The Restaurant Group-owned brand
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Analyst corner: HSBC on TRG
Shares in The Restaurant Group (TRG) fell 11½p to a seven-month low of 292½p during early trading yesterday after a Reduce note from HSBC
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Critoph to replace Blanchard at Carluccio’s
Stephen Critoph, the former chief financial officer of The Restaurant Group, is to join Carluccio’s for an interim period
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Johns swaps Brains for TRG
Gareth Johns has stepped down from SA Brain after nearly 14 years with the company to join The Restaurant Group (TRG)
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Brunning & Price reveals Cheltenham details
Brunning & Price has revealed details of its new pub in Cheltenham, on the site of the former Jamie’s Italian in the town.
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Analysis & Insight
TRG brand weakness exposed
In his first year as chief executive of The Restaurant Group, Andy McCue, has made good progress, but are his hands ultimately tied by the weakness of the group’s core brands? Dominic Walsh discusses this dilemma as well as examining the successful takeover of Admiral Taverns and a Deliveroo deal that never was
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Liberum: Potential grassroots of the TRG strategy working
The leisure team at analyst Liberum said it sees the potential grassroots of TRG’s strategy working
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Analysts corner: Jack on TRG
Leading analyst Douglas Jack, of Peel Hunt, has given his further thoughts on The Restaurant Group’s H1 trading update. He said that that with expansion and prices being cut, and opportunities for cost savings being used up, like-for-like sales rises are needed more than ever.