All Whitbread articles – Page 4
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NewsWhitbread trialling new restaurant formats
Whitbread is trialling new restaurant formats as well as rolling out a refresh of the Brewers Fayre brand, the group’s chief technology officer told MCA’s Hostech conference yesterday.
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NewsAnalysts corner: Rollo on Whitbread
Morgan Stanley analyst Jamie Rollo gives five reasons to stay positive about Whitbread following its announcement of faltering like-for-like sales in its third quarter.
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NewsWhitbread f&b sales down 2.2% in YTD
Whitbread has delivered its first trading update since the £3.9bn sale of Costa to Coca-Cola, reporting like-for-like sales across its remaining estate down 0.6%.
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NewsWhitbread appoints GK’s Patel in FD role
Hemant Patel, the former finance director for Greene King’s Pub Company, has been appointed finance director for Premier Inn & Restaurants at Whitbread.
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NewsWhitbread to retain Pure
Whitbread has reiterated that its key focus will be on hotels following the sale of Costa Coffee to Coca-Cola, though said it would retain its 49% investment in Pure, the healthy-eating grab and go concept.
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NewsAnalysts corner: Goodbody on Whitbread
Goodbody analysts have set out their view on the prospects for Whitbread, post the divestment of Costa, suggesting that it opens the door for value creation.
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NewsWhitbread shareholders vote in favour of Costa sale
Whitbread shareholders have overwhelmingly approved the sale of its Costa Coffee arm to Coca-Cola for £3.9bn.
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NewsBar + Block updates on pipeline
Whitbread’s high street steak restaurant brand Bar + Block has announced openings in Wimbledon and Reading in early 2019, and hints at more to come, MCA has learnt.
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OpinionWhat next for Whitbread?
Dominic Walsh looks at what the future is likely to hold for Whitbread following the sale of Costa to Coca-Cola. He asks whether Pure is being lined up to repeat Costa’s success story and where the deal leaves Premier Inn, as well as speculating on whether this marks the beginning of the end for Whitbread as a corporate entity, and how many tears would be shed over its demise.
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NewsBar + Block poised for Edinburgh
Whitbread is looking to open a Bar + Block alongside an extended Premier Inn in Edinburgh city.
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OpinionAnalysts corner: Morgan Stanley on Whitbread
Following the news last week that Whitbread is to sell Costa Coffee to Coca-Cola, leading analyst Jamie Rollo from Morgan Stanley asks what’s next for Whitbread, now the focus has shifted to Premier Inn?
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NewsAnalysts corner: Goodbody and HL on Costa Coffee
Following the news that Whitbread has agreed to sell Costa Coffee to The Coca-Cola Company for £3.9bn in cash, Hargreaves Lansdown and Goodbody give their views on this landmark deal, which saw shares rise 18.4% in early trading
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NewsWhitbread sells Costa to Coca-Cola for £3.9bn
Whitbread has agreed to sell Costa Coffee to Coca-Cola for £3.9bn, a stock market update revealed this morning.
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NewsAnalysts corner: Goodbody on Marston’s, Caffè Nero and Costa Coffee
Performance within Marston’s Destination & Premium estate was ‘somewhat disappointing’, according to leading analysts at Goodbody, whereas Caffè Nero’s strong revenue growth is giving Whitbread’s Costa Coffee some cause for concern
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NewsWhitbread expands Cookhouse and Pub portfolio
Whitbread has expanded its Cookhouse and Pub portfolio with the opening of two new sites, in St Columb, Cornwall and Northwich, Cheshire.
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NewsWhitbread to cut 250 jobs across pub-restaurants
Whitbread has confirmed that its £250m cost-cutting programme will include the loss of 250 staff across its Beefeater and Brewers Fayre brands.
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NewsAnalysts corner: Hargreaves Lansdown on Whitbread
Overall sales may be up at Whitbread, but Costa Coffee saw a 2% dip in like-for-likes for the first quarter of 2018. Hargreaves Lansdown’s Laith Khalaf and Nicholas Hyett suggest the coffee chain is suffering from a case of the high street blues, and that a spin off might be the best thing for it
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NewsWhitbread f&b lfls down 1.9% in Q1
Whitbread has this morning reported food & beverage sales across the business down 1.9% on a like-for-like basis for its first quarter with Costa UK like-for-like sales down 2%
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NewsWhitbread ‘considering Costa sell-off’
A circular sent to Whitbread shareholders has mooted the possibility of selling off theCosta Coffee or Premier Inn businesses rather than pursuing a demerger.
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NewsAnalysts Corner: Morgan Stanley on Whitbread
Leading analyst Jamie Rollo, from Morgan Stanley, gives his thoughts on what the weakening trading environment means for Whitbread and what its Q1 trading update could show later this month