All Whitbread articles – Page 9
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News
Whitbread appoints new restaurants MD
Whitbread has appointed Phil Birbeck, formerly of Dixons Carphone, as the new managing director of its restaurant division
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M&B and Whitbread to help develop employment benchmark
Mitchells & Butlers and Whitbread are among the companies to partner with People1st on a new scheme aimed at boosting career prospects for low paid workers in the hospitality sector.
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Analyst corner: Rollo on Whitbread
Leading analyst Jamie Rollo at Morgan Stanley says that he expects Q1 16 like-for-like sales of 5.5% from Whitbread
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Whitbread appoints Brittain as new CEO
Whitbread has announced that Alison Brittain has been appointed as its next chief executive to succeed Andy Harrison, who has decided to retire from full time executive life at the end of February 2016
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Analysts on Whitbread update and search for new CEO
Leading analyst Simon French at Cenkos has said that the departure of Andrew Harrison as chief executive of Whitbread probably delays any decision on the demerger of Costa
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News
Whitbread FY lfls up 6.5%; Harrison to step down as CEO
Whitbread has announced a 6.5% rise in full year like-for-like sales and announced it has commenced a succession process with current chief executive Andrew Harrison set to retire by the end of its next financial year
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Analyst corner: Rollo on Whitbread
Leading analyst Jamie Rollo at Morgan Stanley says he expects Whitbread to report strong FY results as it raised PBT guidance to the top end of consensus
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Whitbread to offer 6,000 apprenticeships by 2020
Whitbread has pledged to invest £5.7m in a scheme to hire 6,000 apprentices by 2020.
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Whitbread commences Inns format expansion
Whitbread, the leisure group, has added two further sites to its fledgling pub brand Whitbread Inns
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Whitbread ends 60-year relationship with EY
Whitbread has announced it is appointing a new auditor after 60 years with Ernst & Young.
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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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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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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