Restaurant Group swings to first-half loss but on track for full year

3rd Sep 2019 07:35

(Sharecast News) - Restaurant Group said on Tuesday that it swung to a first-half loss following its takeover of Wagamama but posted a surge in revenue and said trading remains in line with its expectations for the year.

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Friday broker round-up

28th Jun 2019 15:11

(Sharecast News) - QinetiQ: Credit Suisse downgrades to neutral with a target price of 325p.

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Restaurant Group trading in line as it confirms CEO handover plans

30th May 2019 10:28

(Sharecast News) - Casual dining operator The Restaurant Group confirmed on Thursday that, following the appointment of Andy Hornby as its new chief executive officer on 2 May, he would join the business as CEO and be appointed to the board with effect from 1 August.

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Wagamama acquisition helps boost The Restaurant Group

17th May 2019 07:28

(Sharecast News) - Eatery operator The Restaurant Group said its current trading was in line with its own expectations on Friday, with group like-for-like sales for the 19 weeks ended 12 May ahead 2.8%, as its investors gathered for their annual general meeting.

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Restaurant Group shares fairly priced, says Peel Hunt

8th May 2019 15:35

(Sharecast News) - Peel Hunt downgraded its stance on shares of Restaurant Group, the owner of Wagamama, Frankie & Benny's and Garfunkel's, to 'hold' from 'add' on Wednesday as it argued that the stock is now fairly valued.

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Wednesday broker round-up

8th May 2019 12:16

(Sharecast News) - Sainsbury: BofA Merrill Lynch downgrades to neutral with a target price of 235p

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Andy Hornby appointed as boss of The Restaurant Group

2nd May 2019 08:19

(Sharecast News) - The Restaurant Group has appointed Andy Hornby, who ran HBOS when the bank came close to collapse, as its next chief executive.

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FTSE 250 movers: Housebuilders crumble, Sirius soars

9th Apr 2019 14:56

(Sharecast News) - London's FTSE 250 index was 0.34% lower at 19,449.99 in afternoon trade on Tuesday, as housebuilders and construction outfits pulled the index lower amid continued Brexit confusion.

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Friday broker round-up

5th Apr 2019 12:53

(Sharecast News) - Purplebricks: Berenberg downgrades to sell with a target price of 80p.

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FTSE 250 movers: Oilers slide, Ted Baker bounces back

22nd Mar 2019 15:05

(Sharecast News) - London's FTSE 250 was 1.35% lower at 19,086.56 in afternoon trading on Friday, as oil and gas industry names led the index lower.

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Restaurant Group profits dip but beat expectations

15th Mar 2019 07:41

(Sharecast News) - Restaurant Group shares surged on Friday as its full-year pre-tax profit came in ahead of expectations despite an 8% drop, and the company reported an uptick in total sales.

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Pub groups toast stronger sales as restaurants continue to struggle

11th Mar 2019 11:17

(Sharecast News) - Pub sales picked up last month after a dry January but restaurants continued to falter, industry research published on Monday showed.

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Berenberg plucks winners from shift in consumer habits

15th Feb 2019 11:41

(Sharecast News) - As part of a cross-sector report on Friday, Berenberg highlighted the big shift in consumer demanded for purchased items to come to them, something analysts believe will put several UK mid-cap outfits in a position to take advantage of emerging structural trends.

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Restaurant Group rocked by shock CEO departure

14th Feb 2019 08:27

(Sharecast News) - Shares in Restaurant Group tumbled on Thursday as the company said chief executive officer Andy McCue is leaving due to "extenuating personal circumstances".

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Thursday broker round-up

31st Jan 2019 12:42

(Sharecast News) - Ferrexpo: Deutsche Bank upgrades to buy with a target price of 270p.

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