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Restaurants & Bars

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Asrapport Dining unit to acquire France-based catering company

Friday, 26 May 2017

May 26(Reuters) - Asrapport Dining Co Ltd <3069.T>:Says its unit Atariya Foods Limited plans to acquire a France-based company Riem Becker SAS, which is engaged in catering business, from an Oita-based firm at the price of 381 million yen .Says unit will hold 74 percent voting power of Riem Becker SAS on May 30.

Restaurant Group says like-for-like sales for 20 weeks ended May declined 1.8 pct

Friday, 26 May 2017

May 26 (Reuters) - Restaurant Group Plc :Like-For-Like sales for 20 weeks ended 21 may 2017 have declined 1.8%, with total sales decreasing by 1.5.Like-For-Like sales for 20 weeks ended 21 may 2017 have declined 1.8%, with total sales decreasing by 1.5%..Continue to expect to deliver a pbt outcome for full year in-line with current market expectations.Accordingly, we continue to expect to deliver a pbt outcome for full year in-line with current market expectations.In period we saw strong performances from our concessions business, benefitting from strong growth in passenger numbers.Implementation of our strategy is progressing well as we make required investments in price, marketing and our offer.Group's balance sheet remains strong.

Young & Co's Brewery records 53-Wks profit before tax 37 million pounds

Thursday, 25 May 2017

May 25 (Reuters) - Young & Co's Brewery Plc :Final dividend up 6.1 percent to 9.62 penceper share.Total dividend up 6.1 percent to 18.5 penceper share.Proposed 6.1% increase in final dividend to 9.62 pence.53-Wks profit before tax 37 million pounds, up 12.8pct.Looking forward, there will be some impact to margins due to significant hike in business rates.

Domino's Pizza upgrades FY17 EBITDA and NPAT guidance

Tuesday, 14 Feb 2017

Domino's Pizza Enterprises Ltd : "Expects franchisee profitability to break new record this financial year, and current store payback is 3-5 years" . Company upgrading underlying EBITDA and NPAT growth guidance to be in region of +32.5% for FY17 . Domino's has increased SSS guidance for ANZ to be in region of +14-16% SSS (up from +12-14%) . FY17 SSS guidance for Europe and Japan have been confirmed and are on track at +5-7% and 0-+2% respectively . FY17 guidance on new store openings is between 175-195 for group ."We have opened 27 new stores this financial year and are set to open an additional 35 new stores before 02 July".

Jollibee Foods profit rises by 25 pct

Tuesday, 14 Feb 2017

Jollibee Foods Corp : JFC opens 340 stores in 2016, profit rises by 25% . Qtrly net income attributable 1.75 billion pesos versus 1.07 billion pesos . Q4 operating income rises 62.7 percent to 1.53 billion pesos . Allotting 14 billion pesos capital expenditures in 2017 .Look forward to continued strong profitable growth in the years ahead in the Philippines and abroad.

YUM! Brands says offered voluntary retirement program to certain U.S. employees

Tuesday, 11 Oct 2016

YUM! Brands Inc : During the quarter ended September 3, 2016, YUM offered a voluntary retirement program to certain U.S. employees . YUM! Brands - Voluntary retirement program to provide separation pay and benefits to employees who elected to voluntarily separate from YUM . YUM! Brands - Incurred pre-tax costs of $26 million and $32 million for quarter and year to date, respectively, related to U.S. voluntary retirement program Source: (http://bit.ly/2dZzTWe) Further company coverage: [YUM.N] ((bangalore.newsroom@thomsonreuters.com;)).

Yum! Brands Inc expects to return $13.5 bln to shareholders between Q4 2015 and 2019

Tuesday, 11 Oct 2016

Yum! Brands Inc : Yum! Brands details transformation plans to drive growth of Kfc, Pizza Hut And Taco Bell after china separation at annual investor conference today . Yum! Brands Inc - reducing annual capital expenditures from about $500 million (2015 pro forma post-separation) to about 100 million (FYE 2019) . Yum! Brands Inc - reducing G&A by a cumulative about $300 million by FYE 2019 . Yum! Brands Inc - now expects to return a total of $13.5 billion (including dividends) between Q4 2015 and 2019 .Yum! Brands Inc - Yum Brands will increase franchise restaurant ownership from 77% currently to 93% at time of separation of china business.

Via Holdings unit announces business transfer between units

Wednesday, 31 Aug 2016

Via Holdings Inc <7918.T> :Says its wholly owned subsidiary Ohgiya Corp plans to transfer direct retail division in west Japan area and Chinese & western restaurant business to co's two wholly owned units respectively, effective on Sep. 1.

Restaurant Group shares open 4.3 percent after co maintains full year guidance

Friday, 26 Aug 2016

Restaurant Group Plc : Open 4.3 pct higher after results beat estimate and co maintains guidance Further company coverage: [RTN.L] (Bengaluru Newsroom: +91 806 749 1136).

Yoshinoya Holdings to postpone merger effective date to Dec. 1

Friday, 26 Aug 2016

Yoshinoya Holdings Co Ltd <9861.T> :Says it plans to merge with its wholly owned unit which is engaged in restaurant industry related management consulting business, effective on Dec. 1 instead of Sep. 1 previously.

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