Beer sales slump dampens Marston’s share price July 24, 2019 Shares in pub operator Marston’s plunged more than 10 per cent today as the company announced that beer sales growth slumped due to poor weather. Sales have been hit by 2019’s “relatively poor weather” following last summer’s heatwave and the England football team’s World Cup success. Read more: Marston’s cheers rise in profits after strong [...]
Pub chain Marston’s raises a toast to solid profits and record revenues after a bumper World Cup summer November 21, 2018 Pub owner Marston’s annual results were boosted by England's long run in the summer's World Cup, it said today, but it will open fewer pubs next year in the face of economic uncertainty. The figures Marston's reported a four per cent year-on-year rise in profit before tax to £104m for the year ending 29 September, meeting its [...]
Make Marston’s a large one as food and drink sales progress July 22, 2015 Brewers and pub group Marston’s yesterday announced it had made “profitable progress” in line with expectations for the 41-week period to 18 July. “In Destination and Premium [brand units], like-for-like sales for the 41-week period were 1.7 per cent ahead of last year, including like-for-like food sales growth of 1.6 per cent and like-for-like wet sales [...]
Marston’s just took another gulp of Thwaites March 31, 2015 British pub brewer and operator Marston's has said it will take another gulp of north-west based brewer Thwaites. In an update to the London Stock Exchange today, Marston's, which has been brewing Thwaites' beers since early last year, announced it had bought its beer division outright for £25.1m. As part of the acquisition, Marston's has [...]
Christmas cheer sees pub operator Marston’s on track for future expansion January 27, 2015 Pub operator Marston’s yesterday reported moderate growth in like-for-like sales during the final quarter ending 24 January, up two per cent on the year. Particular emphasis was placed on the strong sales growth of 4.8 per cent during the two week Christmas period ending 4 January and a 12.5 per cent increase in Christmas day [...]
Pubs operator Marston’s records steady year despite profit loss November 27, 2014 BRITISH brewer and pub operator Marston’s yesterday reported a steady year of growth in its preliminary results for the year ended 4 October, despite posting a drop in profits. The Wolverhampton-based company’s underlying group revenue increased one per cent to £787.6m in the period, but its profit before tax fell 3.6 per cent to £83m. [...]
August slowdown dampens sales but Marston’s remains on track October 8, 2014 MARSTON’S pub chain and brewer yesterday said it expected 2014 profit to be broadly in line with expectations, and added it would build at least 25 new managed pub-restaurants in the new financial year. In a full year trading update to 4 October Marston’s full-year underlying sales at its core managed pubs were up 3.1 [...]
A big cheers for Marston’s as share price rises on higher sales October 8, 2014 Shares in Marston's went up by 0.5 per cent to £14.15 this morning, after it reported a strong performance for the year ended 4 October. In a trading update released in advance of its preliminary results on 27 November, the pub-restaurant retailing business said like-for-like sales were up across all its estates. It added [...]
Growing food and booze sales give festive cheer to Marston’s January 21, 2014 MARSTON’S yesterday became the latest pub chain to report strong trading over the Christmas and New Year period, with like-for-like sales up 4.1 per cent. Food sales grew by 5.6 per cent in the 15 weeks to 18 January, the firm said, while at its more drinks-led managed pubs’ sales were up three per cent. [...]
Marston’s sells off 200 pubs to New River Retail as profits grow November 28, 2013 PUB AND and brewing company Marston’s said yesterday it will sell 202 pubs to property group New River Retail for £90m as part of efforts to reduce debt and help pay for its new pub-restaurants. Marston’s, which has 2,100 pubs in the UK, said it was trying to shift from pubs focused on drinking to pubs [...]