Marston's serves up decent third-quarter result
25th Jul 2018 13:06
(Sharecast News) - Marston's reported improved trading in the third quarter thanks to hot weather and World Cup football, but directors did not upgrade their guidance for the full year.
Read moreSpending on eating out remains resilient as inflation crunch looms
16th Feb 2017 10:33
(ShareCast News) - In the normally quiet month for the pubs and restaurant sector, sales data for January was positive overall and showed casual dining chains enjoying a continued recovery. Industry like-for-like sales grew 1.9% in January 2017 compared to 2016, according to the Coffer Peach Busi
Read moreMarston's revenue grows over Christmas as it plans new pub openings
24th Jan 2017 07:48
(ShareCast News) - Over Christmas, Marston's had like-for-like revenue growth for the fifth successive year and the company maintained its forecast for the full year as it plans new pub openings. The brewery and pub operator said that despite tough comparatives, like-for like-sales grew 1.5% in the
Read moreRestaurants and pubs enjoy strong festive trading, Coffer Peach finds
19th Jan 2017 06:45
(ShareCast News) - UK pubs and restaurants enjoyed an equal uplift in trading over the Christmas and New Year period, as a bumper six weeks for London drove a second consecutive month's improvement. Data on the largest managed pub and restaurant groups over the six weeks to January 8 found a collect
Read morePubs and restaurants bounce led by London, Coffer Peach survey finds
15th Dec 2016 09:48
(ShareCast News) - London led a rebound for the eating and drinking out sector in November, with good growth in pub sales and a return to annual growth for restaurants, but it was a case of glass-half-full outside the capital. The Coffer Peach Business Tracker found November like-for-likes sales gre
Read moreLondon close: UK stocks subdued on US Thanksgiving as resources in focus
24th Nov 2016 16:41
(ShareCast News) - UK stocks were in cautious form all day Thursday, with global markets generally subdued as traders in the US put their feet up for a Thanksgiving break. The FTSE 100 closed up 0.17% to 6,829.20. The FTSE 250 ended the session down 0.18% to 17,590.62. On the blue-chip upside, seve
Read moreMarston's profits from improving pub estate and ale appeal
24th Nov 2016 09:43
(ShareCast News) - Full year results from Marston's confirmed the brewer's strong profits growth and revealed an encouraging start to new financial year and confidence about growth in 2017. Assisted by helpful summer weather, the pub estate finished the year to 1 October in effervescent form, with p
Read moreThursday newspaper share tips: Marston's, Greene King, Monks
13th Oct 2016 14:41
(ShareCast News) - Investors' worries about the impact which inflation will have on Marston's and Greene King are overstated and the shares are cheap, The Times's Tempus said. They are well-positioned in the market, well-funded relative to their peers and their brewing operations are proving success
Read moreMarston's sales rise as it plots further pub openings
12th Oct 2016 07:49
(ShareCast News) - Brewer and pub operator Marston's said it had made "good progress" during the year as underlying pre-tax profit is in line with the company's expectations as it plots further pub, bar and lodging openings. In a trading update for the year ended 1 October, the FTSE 250 company repo
Read morePubs outdo restaurants again in August, Coffer Peach data shows
15th Sep 2016 09:27
(ShareCast News) - UK large pub and restaurant groups enjoyed better sales in August as Britain took advantage of better weather to eat and drink out. There was a 0.6% increase in like-for-like (LFL) sales at managed pubs, bars and restaurants, up from 0.3% last month, according to the monthly Track
Read moreMarston's sales rise, sees 'no discernible impact' from Brexit
27th Jul 2016 08:55
(ShareCast News) - FTSE 250 pub operator Marston's said on Wednesday that it has not seen any discernible impact from Brexit on trading to date as it updated investors on its third quarter. In the 42 weeks to 23 July, like-for-like sales in its destination and premium business were up 2.5% on last y
Read more'Casual dining' restaurants suffer but pubs bubble up, Coffer Peach finds
16th Jun 2016 08:10
(ShareCast News) - Trading at larger UK pubs and restaurant groups slowed even further in May, with like-for-like sales down 1.4% year-on-year as a hefty decline at casual dining chains outweighed a small improvement for pubs. These findings from the Coffer Peach Business Trackers were the bigge
Read morePubs suffer tough April as restaurants enjoy further growth
19th May 2016 07:51
(ShareCast News) - The restaurants and pubs sector endured a further decline in like-for-like sales in April, as wavering consumer confidence mixed with inclement weather. Like-for-like sales across managed pub and restaurant groups fell 0.8% against the same month last year, according to the Coffer
Read moreMarston's swings to profit in first half
18th May 2016 08:58
(ShareCast News) - FTSE 250 pub group Marston's swung to a profit in the first half on surging revenue, as the company opened new pubs. For the 26 weeks ended 2 April, statutory pre-tax profit came in at £22.8m compared to a loss of £27.5m in the same period the year before, as underlying group reve
Read morePub and restaurant sales fall flat in February, Peach Tracker finds
17th Mar 2016 08:41
(ShareCast News) - Pub and restaurant sales were flat last month and the industry expects to endure a tougher year than last, according to a respected industry survey. The results of the monthly Peach Tracker, produced by CGA Peach in partnership with Coffer Group, RSM and UBS, found like-for-like s
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