Previous close | 40.72 |
Open | 40.58 |
Bid | 40.86 x 0 |
Ask | 58.00 x 0 |
Day's range | 40.38 - 41.32 |
52-week range | 25.06 - 70.90 |
Volume | |
Avg. volume | 3,905,219 |
Market cap | 311.876M |
Beta (5Y monthly) | 2.26 |
PE ratio (TTM) | N/A |
EPS (TTM) | -21.30 |
Earnings date | 08 Mar 2023 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 12 Sept 2019 |
1y target est | 54.00 |
It is doubtless a positive to see that the The Restaurant Group plc ( LON:RTN ) share price has gained some 39% in the...
Restaurant Group, owner of brands including Wagamama and Frankie & Benny's, has revealed plans to close dozens of sites while reporting a slump into the red during 2022. Restaurant Group, which has come under pressure from investors in recent months, said the 35 sites earmarked for closure were all loss-making and would be shut as leases expired over the next three years. The company said rising costs were the primary factor behind its plunge to an annual operating loss of almost £50m despite strong sales growth across its divisions which, it said, had continued at the start of 2023.
(Reuters) -Wagamama owner Restaurant Group will slash the number of Frankie & Benny's and Chiquito restaurants by about 30% it said on Wednesday after posting an operating loss for 2022. Its shares were down 12% in early trade, with an analyst at Stifel saying investors may be disappointed by the lack of a broader portfolio review. He stopped short of giving any details on that review.