All Whitbread articles – Page 11
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Whitbread: food quality, promos, revamps, analysts
M&C Report takes a closer look at the full-year results to 27 February for Whitbread, reports from a presentation to analysts and speaks to finance director Nicholas Cadbury
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Whitbread FY lfls up 4.2%
Whitbread has reported a 4.2% rise in like-for-like sales in the year to 27 February, with growth accelerating in the second half
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Analyst corner
Three leading analysts look ahead to Whitbread’s full-year results on Tuesday 29 April. Tim Barrett at Nomura has issued a Buy recommendation, while JP Morgan Cazenoze has an Overweight rating for Whitbread, and Geof Collyer at Deutsche Bank issued a Hold rating
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Whitbread targets energy saving
Whitbread, the leisure group, has installed a Quintex energy saving system called demand controlled ventilation (DCV) across its 444 Premier Inn and Beefeater sites
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Costa eyes 5,000 new-style vending machines in UK
Around 5,000 of the new-generation Costa vending machines could be rolled out across the UK within three to five years, with workplaces, universities and hospitals among the target locations, M&C Report has learnt
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Whitbread to open £6m joint site in West Midlands
Whitbread has begun a £6m development to open a Brewer’s Fayre restaurant and 80-bedroom Premier Inn at Stourbridge in the West Midlands
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New generation Costa Express is launched
An evolved version of Costa Express that owner Whitbread says will “revolutionise the self-serve experience” has been launched
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Whitbread appoints new FD for pub restaurants
Whitbread, the leisure group, has appointed Richard Willan as the new finance director for its restaurants division
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Whitbread chairman Habgood named new BoE chair
Anthony Habgood, the chairman of Whitbread, has become the new chairman of the Bank of England, as part of a wider reshuffle at the institution
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Whitbread secures record amount of space
Whitbread Hotels & Restaurants acquired a record 1.6m sq ft of hotels and restaurants in the year to the end of February
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Whitbread Q4 lfls accelerate to 6.8%
Whitbread has reported a 4% rise in like-for-like sales for the 50 weeks to 13 February, accelerating to +6.8% in Q4 driven by a “particularly good Christmas” and “to a lesser extent” favourable weather comparatives in January
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Whitbread opens community-led pilot pub
Whitbread, the leisure group, has re-opened its Hobb’s Boat pub near Weston-super-Mare as a pilot site under a new umbrella called Whitbread Inns, with a focus more on the local community
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Whitbread launches employee assistance programme
Whitbread has launched an employee assistance programme (EAP) for more than 40,000 employees
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Whitbread staff share £6m under 'Sharesave'
A total of 1,094 Whitbread employees collectively made more than £6m in profit under the group’s “Sharesave” scheme
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Whitbread extends bank facilities
Whitbread, the leisure group, has extended its existing £650m syndicated bank facility, extending its maturity by two years to 4 November 2018 and introducing an option to extend it by a further two years beyond that date
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Whitbread chairman to step down
Whitbread has announced that Anthony Habgood will step down as chairman later this year
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Whitbread secures planning for five new sites
Whitbread Hotels & Restaurants has secured planning consents for five new hotels within the past month, which will add 465 bedrooms to its new hotels pipeline
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Collyer and Ellis raise Whitbread TPs
Leading analysts have given their views on Whitbread following its Q3 interim management statement yesterday
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Menu improvements lift Whitbread restaurants
Whitbread chief executive Andy Harrison has cited changes to the menu for the improved performance at the company’s restaurants
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Whitbread lfls grow 4.3%
Whitbread, the leisure group, has reported a 4.3% rise in like-for-like sales in the 13 weeks to 28 November, led by Premier Inn and Costa which saw like-for-likes grow 5.4% and 4.9% respectively