Restaurants

TGI Fridays operator sees Q1 sales slide 3%

The board's focus remains on cash flow generation to repay group borrowings, following which there will be an evaluation of shareholder distributions

TGI Fridays operator Hostmore has revealed a 3% drop in like-for-like sales in the 22 weeks ended 4 June 2023, down from a 1% decline in the first 16 weeks of the year. 

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