All Whitbread articles – Page 5
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NewsWhitbread opens 24 restaurants
Whitbread has reopened 24 restaurants and 270 UK hotels, with the the majority of the rest of the estate due to reopen throughout July.
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NewsWhitbread launches £980 million rights issue raise
Whitbread has proposed that it intends to raise £980 million - approximately £1,009 million in gross proceeds - by way of a rights issue.
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NewsWhitbread eligible under Covid Corporate Financing Facility
Whitbread has announced it has been confirmed as an eligible issuer under the UK Government’s Covid Corporate Financing Facility (CCFF).
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NewsWhitbread to close restaurant estate
Whitbread is the latest hospitality giant to announce the temporary closure of its restaurant sites amid the COVID-19 pandemic.
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NewsWhitbread reports “solid” Q3 trading performance
Whitbread has reported a “solid” third quarter performance in its trading update released today.
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Analysis & InsightGoodbody on Whitbread
Whitbread - Thoughts into Q3 update, any confirmation of improving trends important
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NewsWhitbread’s Grainne Allen on the next generation Beefeater
In a career spanning three decades, Grainne Allen has worked across all the major pillars of the food industry. What began as a placement year with Marks & Spencer turned into a full-time position as one of the retailer’s first graduate product developers.
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Analysis & Insight
Goodbody on Whitbread
Following the announcement of Whitbread’s H1 results, Rachel Fox, equity analyst at Goodbody gives her verdict.
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NewsWhitbread sees turnaround in total F&B sales
Whitbread has seen total food and beverage sales within Premier Inn UK increase by 0.6% during the first half of 2019/20, following a 0.8% decline seen for H1 last year.
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NewsWhitbread appoints new non-executive director
Whitbread has appointed Horst Baier as a non-executive director, with effect from 1 November 2019.
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NewsWhitbread completes £2bn capital return programme
Whitbread has completed a £2bn capital return programme to shareholders.
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NewsWhitbread F&B lfls down 2.1%
Whitbread has reported a decline in food & beverage like for like sales growth of 2.1%, in Q1 FY2020.
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Analysis & InsightWhitbread F&B – some extra meat on the restaurant bones
MCA market insight director Steve Gotham asks why Whitbread is so shy about discussing its substantial restaurant and pub portfolio. He delves into the available data to see what can be gleaned about Whitbread’s F&B brands and their resonance with consumers
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NewsWhitbread sees dip in lfl accommodation and f&b sales
Whitbread has reported like-for-like (lfl) food & beverage sales down 2% in its full financial year.
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News
Whitbread to cut head office
Whitbread is expected to cut more than 100 head-office jobs as a result of its sale of Costa Coffee to the Coca-Cola Company for £3.9 billion – though none of the executive committee is thought to be affected.
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NewsWhitbread’s Bar + Block to open first Northern Ireland site
Whitbread’s Bar + Block Steakhouse brand is to open new restaurants in Bristol and Belfast – its first in Northern Ireland, in April.
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News
Whitbread outlines UK and international ambitions
Whitbread has used its Capital Markets Day to reiterate its belief in its “unique, vertically-integrated model” as a lever for growth and value creation.
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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%.