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Famous Brands forecasts weaker six-month results

Wednesday, 16 Aug 2017 02:30am EDT

Aug 16 (Reuters) - Famous Brands Ltd ::‍AS AT JULY 31, 2017, GROUP'S ENTIRE NETWORK COMPRISED 2,801 RESTAURANTS.IN SA MARKET, TRADING CONDITIONS DECLINED FURTHER IN FIVE MONTHS TO JULY 31​.‍ANTICIPATES THAT TRADING CONDITIONS IN ITS LOCAL AND INTERNATIONAL MARKETS WILL REMAIN CHALLENGING FOR COMING YEAR​.‍GBK'S PROFITABLE CONTRIBUTION TO BUSINESS WILL TAKE LONGER THAN INITIALLY ANTICIPATED​.‍EXPECTS THAT ITS RESULTS FOR FULL SIX MONTHS TO 31 AUG 2017 WILL BE WEAKER THAN THOSE REPORTED IN PRIOR COMPARABLE PERIOD​.GROUP'S OPERATING MARGIN IS EXPECTED TO BE LOWER THAN MANAGEMENT'S EXPECTATIONS.

Ootoya Holdings says merger with units

Thursday, 10 Aug 2017 02:17am EDT

Aug 10 (Reuters) - Ootoya Holdings Co Ltd <2705.T>:* Says Tokyo-based food unit will merge with Tokyo-based food education firm, effective Oct. 1 .* Says Tokyo-based food education firm will be dissolved after the transaction.

Classified intends to close down its Fat Pig restaurants

Wednesday, 9 Aug 2017 10:49am EDT

Aug 9 (Reuters) - Classified Group Holdings Ltd <8232.HK>:Group intends to close down one of its restaurants, namely, Fat Pig.Proposed closure is expected to take place in September 2017.Directors confirms that proposed closure will not have material impact on its business objectives and proposed use of proceeds.Fat Pig 's financial performance has been below group's expectation.

Future Bright Holdings issues loss alert

Wednesday, 9 Aug 2017 05:59am EDT

Aug 9 (Reuters) - Future Bright Holdings Ltd <0703.HK>:group has recorded an unaudited loss attributable to owners of company of some hk$8.2 million for three months ended 31 march.expected result due to loss attributable to group's food souvenir business.Overall unaudited loss of some hk$16.9 million attributable to owners of company for six months ended 30 june 2017.

General Oyster to take out loan of 150 mln yen

Monday, 31 Jul 2017 02:32am EDT

July 31(Reuters) - General Oyster Inc <3224.T>:Says it will take out a loan of 150 million yen on July 31, from a wholesale business firm, with interest rate of 3 percent and maturity on Oct. 31.Proceeds will be used for operation fund .

Starbucks reports Q3 EPS $0.47

Thursday, 27 Jul 2017 04:05pm EDT

July 27 (Reuters) - Starbucks Corp ::Q3 GAAP earnings per share $0.47; Q3 Non-GAAP earnings per share $0.55; Q3 total net revenue up 8.1 percent to $5.66 billion.Says will close all 379 Teavana stores over the coming year, with majority closing by spring 2018.Says about 3,300 partners impacted by Teavana retail stores closures to get opportunities to apply for positions at Starbucks stores.Q3 comp store sales up 4 percent globally, up 5 percent in U.S. and Americas,up 1 percent in China/Asia Pacific.Trends in Q3 and ongoing macro pressures impacting retail and restaurant sectors "has us a bit more cautious going into Q4".Q3 EPS view $0.55, rev view $5.75 bln -- Thomson Reuters I/B/E/S.

Kanmonkai says transition to holding company structure

Wednesday, 19 Jul 2017 02:17am EDT

July 19 (Reuters) - Kanmonkai Co Ltd <3372.T>:* Says it will restructure the company into a holding company, effective Oct. 1.* Says it will transfer entire business to three split preparatory companies, which were established on July 12 .

Shanghai Worth Garden sees H1 FY 2017 net profit down 5.58 pct to 21.31 pct

Friday, 14 Jul 2017 07:54am EDT

July 14(Reuters) - Shanghai Worth Garden Co Ltd <300483.SZ> ::* Sees H1 FY 2017 net profit to decrease by 5.58 percent to 21.31 percent, or to be 10 million yuan to 12 million yuan.* Says H1 FY 2016 net profit was 12.7 million yuan.* The reasons for the forecast are increased raw material price and decreased main business income .

Kanmonkai establishes three split preparatory companies

Wednesday, 12 Jul 2017 03:13am EDT

July 12 (Reuters) - Kanmonkai Co Ltd <3372.T>:* Says it established three split preparatory companies on July 12.

Plenus says top shareholder change

Wednesday, 12 Jul 2017 02:13am EDT

July 12 (Reuters) - Plenus Co Ltd <9945.T>:Says co's two individual shareholders plan to sell shares of the co to Nagasaki-based property management .Says the Nagasaki-based firm will raise stake in the co to 33.8 percent (129,356 voting power) from 8.9 percent (33,863 voting power) and become the top shareholder of the co.

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