All Whitbread articles – Page 10
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News
Ellis: Whitbread performance strong but Restaurants disappointing
Analyst Wyn Ellis, of Numis, has said Whitbread’s performance for the 50 weeks to 12 February was ahead of consensus in all area except its Restaurant arm.
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Whitbread reports Costa lfls up 6% year to date
Whitbread has reported like-for-like sales at Costa up 6% in the 50 weeks to 12 February and 6.9% in the fourth quarter.
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Ellis: Whitbread FY prospects look positive
Wyn Ellis at Numis has said he expects a positive pre-close statement from Whitbread on Wednesday 25 February.
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Whitbread fuels Cost demerger talk with franchisee deal
Whitbread has reignited speculation over an eventual £3bn demerger of its Costa coffee shops after buying back one of the fast-growing chain’s biggest franchisees
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Whitbread employees get £10m shares windfall
Whitbread, has announced that 1,378 employees are to share in a £10m windfall, thanks to its Sharesave scheme.
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News
Rollo: M&B a top pick for 2015, JDW a straggler
Leading analyst Jamie Rollo at Morgan Stanley has named Mitchells & Butlers (M&B) as one of his top share picks for 2015
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Numis on Whitbread: Strong trading momentum
Wyn Ellis at Numis has reiterated an Add recommendation for Whitbread after Q3 results this morning showing like-for-like sales of 6%.
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News
Whitbread Q3 lfl sales up 6%
Whitbread has reported like-for-like sales of 6% for the 13 weeks to 27 November, with Costa up 5.2%.
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Whitbread H1 group lfls up 7%
Whitbread has this morning reported a 7% rise in group like-for-like sales for the six months to 28 August 2014, driven by a 6.1% rise in like-for-like sales across Costa in the UK and a 3.1% climb in sales in its restaurants division
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Analysis & Insight
Now serving up great memories
Whitbread restaurants was founded in the wake of the financial crisis hitting the UK. But, with a strategy of creating great food and memories, the company is now enjoying good times. Paul Flaum, managing director, tells the story
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News
Ellis: Whitbread on track for another good year
Leading analyst Wynn Ellis at Numis has said he believes that Whitbread remains on track for another good year
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Whitbread extends bank facilities
Whitbread has extended the maturity of its bank facilities until November 2019
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News
Rollo raises Whitbread EPS forecast
Leading analyst Jamie Rollo has increased his earnings per share (EPS) forecast for Whitbread by 1-2% following “another strong trading update” on Tuesday
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Ellis raises Whitbread TP
Leading analyst Wyn Ellis has increased his Target Price for Whitbread from £43 to £45 after its “very strong” trading update
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News
Whitbread Q2 lfls grow 6.8%
Whitbread has maintained its like-for-like sales growth in its most recent trading period, with growth of 6.8% in the 11 weeks to 14 August, and said it “remains on track for another good year”
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Whitbread appoints director of acquisitions
Whitbread has appointed former Asda director Joanne Moon as its new director of acquisitions
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Whitbread creates new pub brand Whitbread Inns
The concept, which has been introduced at five sites across the country so far, is focused on seasonal cask ales and food that’s billed as good quality and good value
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Analyst corner: Jamie Rollo on Whitbread
Jamie Rollo at Morgan Stanley looks ahead to Whitbread’s Q2 interim management statement on 9 September, predicting “solid” like-for-like sales growth of 6% for the leisure group, with a slowdown in the Hotels and Restaurants division but an acceleration at Costa
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News
Beefeater remodel programme to be assessed
Whitbread is to assess the impact of its remodelled Beefeater format at the end of its half year
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News
Brewers Fayre to complete Chef’s Counter rollout
Whitbread will complete the roll out of its Chef’s Counter format across its entire c140-strong Brewers Fayre estate by the end of this August