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JD Wetherspoon comparable sales growth slows in 5-weeks to Oct 23

Wednesday, 2 Nov 2016 03:00am EDT

J D Wetherspoon Plc : Trading statement . For 13 weeks to Oct. 23 2016, like-for-like sales increased by 3.5 pct and total sales increased by 2.3 pct . Level of like-for-like sales reduced to 2.3 pct in last 5 weeks of period . Operating margin, excluding property gains, in 13 weeks to Oct. 23 2016 was 8.6 pct, compared with 5.8 pct in same 13 weeks last year . Margin was unusually high during period and was unusually low for same three months last year . Company currently anticipates an operating margin of around 7 pct for current financial year . Company has opened one new pub since start of financial year and has sold nine . Intend to open about 15 pubs in current financial year . As at July 24 2016, company's net debt/EBITDA was 3.47 times . For foreseeable future, it is intended that company's net debt/EBITDA will be around 3.5 times . Company has made a reasonable start in current year .Any forecasts for full year are inevitably tentative, with nine months still to go - and outlook for current FY is unchanged.

Li bao ge group expects to record a loss after tax nine months ended 30 September

Tuesday, 1 Nov 2016 07:27am EDT

Li Bao Ge Group Ltd <8102.HK>- : For nine months ended 30 September 2016 expected to record a loss after tax .Loss-making position for period was mainly attributable to I-Square restaurant, which was closed in november 2015.

Yum! Brands completes separation of Yum China business

Tuesday, 1 Nov 2016 06:30am EDT

Yum! Brands Inc :Yum! Brands completes separation of Yum China business, creating two powerful, independent, focused growth companies.

Groupe Flo 9M EBITDA turns to loss of 5.1 million euros

Tuesday, 25 Oct 2016 11:50am EDT

Groupe Flo SA : 9M EBITDA loss 5.1 million euros ($5.55 million) versus profit of 4.1 million euros year ago . 9M net loss group share 12.4 million euros versus loss of 14.9 million euros year ago . 9M revenue 196.9 million euros versus 217.0 million euros year ago . The attacks in Nice July 14, 2016 and the extension of the state of emergency emphasize the uncertainties in tourist numbers and consumer attitudes .The change in this context will have a decisive impact on Groupe Flo performance in Q4.

Brinker International reports first quarter results

Tuesday, 25 Oct 2016 07:15am EDT

Brinker International Inc : Brinker international reports first quarter results . Q1 GAAP earnings per share $0.42 . Q1 revenue $758.5 million versus I/B/E/S view $772.2 million . Q1 earnings per share view $0.55 -- Thomson Reuters I/B/E/S . Q1 earnings per share $0.49 excluding items . Brinker International says qtrly Chili's company-owned comparable restaurant sales decreased 1.4 percent . Qtrly Maggiano's comparable restaurant sales decreased 0.6 percent .Chili's company-owned comparable restaurant sales decreased 1.4 percent.

Fundely cooperates with Sharp Corp in information distribution service on consumer electronics

Monday, 17 Oct 2016 02:23am EDT

Fundely Co Ltd <3137.T>:Says it entered into agreement with Sharp Corp <6753.T> to develop information distribution service on consumer electronics, since Oct. 17.

Egyptian Co for International Touristic Projects nine-month net profit rises

Sunday, 16 Oct 2016 03:52am EDT

Egyptian Co For International Touristic Projects SAE :Nine-month consol net profit 170.9 million EGP versus 157.2 million EGP year ago.

Del Frisco’s Restaurant Group Q3 GAAP earnings per share $0.03

Friday, 14 Oct 2016 06:00am EDT

Del Frisco's Restaurant Group Inc : Del Frisco's Restaurant Group, Inc announces third quarter 2016 results . Q3 GAAP earnings per share $0.03 . Q3 revenue $71.4 million versus I/B/E/S view $73.1 million . Q3 earnings per share view $0.05 -- Thomson Reuters I/B/E/S . Sees FY 2016 adjusted earnings per share $0.79 to $0.81 . Q3 adjusted earnings per share $0.04 . Del Frisco's Restaurant Group Inc sees FY total comparable restaurant sales of minus 1.0% to minus 0.5% . Qtrly total comparable restaurant sales decreased 3.0% . FY 2016 earnings per share view $0.83 -- Thomson Reuters I/B/E/S .Del Frisco's sees FY gross capital expenditures(before tenant allowances, inclusive of some expenditures related to 2017 openings)of $32 million to $35 million.

Diamond Dining to offer off-floor distribution of shares

Friday, 14 Oct 2016 02:34am EDT

Diamond Dining Co Ltd <3073.T>: Says it to offer an off-floor distribution of 150,000 shares on Tokyo Stock Exchange from Oct. 21 to Oct. 27 . Says offering price will be determined based on the closing share price of the day before the distribution .Says the limitation for purchase the distribution is up to 1,000 shares for each customer.

Colowide unit to fully buy burger chain firm

Thursday, 13 Oct 2016 09:43pm EDT

Colowide Co Ltd <7616.T>: Says its unit plans to buy 100 percent stake in a Tokyo-based burger chain firm from FRESHNESS, CO., LTD(the co's name to be changed on Nov. 1) . Says the acquisition price is not disclosed .Says the acquisition effective on Dec. 1.

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