Earnings
Pret A Manger swings back to profitability as chain gets boost beyond city centres
Pret A Manger swings back to profitability as chain gets boost beyond city centres
May saw revenue across the UK surpass 2019 levels for the first time.
Comptoir Libanais swings to profitability but issues warning on inflation impact
The Lebanese restaurant group runs 21 restaurants and 4 franchises in the UK.
Food and drink inflation could hit 10% this year, Wagamama owner warns
Despite the economic outlook, The Restaurant Group maintained it can still expect to meet full-year profit forecasts.
DP Eurasia’s four-month sales up 57%
Store count grew to 816 from 775.
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Cost pressures to cap growth, Greggs CEO says
Roger Whiteside expects cost inflation of 6% to 7% for 2022.
Domino's launches £46m share buyback as profits rise
Sales rose 11.2% to £1.5 billion.
Caffè Nero now trading at 90% of pre-pandemic levels, founder says
The first-half of FY22 also saw Caffè Nero experiencing sales increases in its new distribution channels.
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Burger King terminates Ibersol contract for brand development in Portugal
Ibersol noted there was not a proper assessment of the limitations faced by companies due to the pandemic.
SSP Group sees sales “trending positively” in recent weeks
Should there be no further government restrictions being introduced, the company said it is well-positioned to trade in summer.
Off-premise sales boost DP Eurasia’s FY21 performance
Whilst there has been an increase in daily new COVID-19 cases since December, the company said it is subject to any material operational constraints.
SSP Group sees strengthened trading ahead despite 2021 sales drop
Sales in December 2021 ran at approximately 63% of 2019 levels.
Strong demand in Turkey lifts DP Eurasia’s sales
Digital continues to be the main driver of the business, the company said.
Caffè Nero aiming for “dozens” of new stores in next 12 months
Its founder says the chain’s on the road to recovery.
Just Eat Takeaway.com orders rose 25% in Q3, company says
Britain delivered the sharpest growth.
Domino’s completes first chunk of £80m share buyback programme
It reported a 27.7% jump in underlying profit before tax during the results.
