Mitchells and Butlers
Coverage explores the strategy, financial performance, and brand portfolio activity of one of the UK’s largest managed pub and restaurant operators. Reporting includes developments across core brands such as Harvester, Toby Carvery, Miller & Carter, All Bar One, and Ember Inns; estate investment and digital ordering; menu pricing; and evolving customer proposition. Insight is designed for operators, suppliers, and investors tracking mid-market dining, carvery and grill formats, and value-led group strategies across suburban and high-street locations.
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Jul- 2024 -26 JulyNews
Today’s news in brief – 26/07/24
Marston’s has reported a 5.2% rise in LFL sales in the year-to-date and a 6.2% rise in total retail sales in managed and franchised pubs for the 42-week period to 20 July. The group saw considerable uplift during Euro 2024, with like-for-like sales for the week of the semi-final and…
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26 JulyPubs and Bars
Mitchells and Butlers LFL sales rise 3.4% in Q3
The operator of All Bar One and Toby Carvery, Mitchells and Butlers, has reported that like-for-like sales rose 3.4% during the third quarter to 20 July, as sales remained ahead of the market despite the generally wet weather. Following a “very” strong start to the year, the group’s Q3 growth…
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Feb- 2024 -29 FebruaryTrade Associations
Hospitality bosses back UKH’s call for action at upcoming Budget
Hospitality CEOs from groups including Mitchells and Butlers, Accor Hotels, Stonegate Pubs and Crerar Hotels have signed an open letter urging the Chancellor to take immediate action at the budget to prevent further business failure. In the letter, UKH and a total of 112 business leaders highlighted how rising costs,…
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Jan- 2024 -17 JanuaryNews
Today’s news in brief – 17/01/24
UKH has been ‘encouraged’ by news that job vacancies have fallen by 35,000 within 2023, according to new figures from the ONS. While current vacancies still remain “far higher” than pre-pandemic levels, UKH believes reforms to the apprenticeships levy and addressing the cost burden for employers can ensure vacancies continue…
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17 JanuaryFood and Drink
Mitchells and Butlers sees LFL sales rise to 7.7% in Q1
Hospitality group Mitchells and Butlers has reported strong Q1 results as it recorded a 7.7% like-for-like sales growth, with total sales growth of 9.7%, for the 15 weeks ended 13 January 2024. It also stated that trading continued to strengthen over the festive season. The company’s like-for-like sales grew by…
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Nov- 2023 -30 NovemberNews
Today’s news in brief – 30/11/23
Mitchells and Butlers reported a drop in operating profits to £98m for the year ended 30 September due to weaker property valuations and increased costs, including higher wages. Sales, however, rose to £2.5bn, marking a 9.1% like-for-like growth. The group noted a 7.2% rise in like-for-like sales at the start…
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30 NovemberFood and Drink
Mitchells and Butlers sees profits dip to £98m in FY 2023
Restaurant group Mitchells and Butlers has revealed that its operating profits dropped from £124m to £98m for the 53 weeks ending 30 September, driven by weaker property valuations and increased costs, which also included higher wage bills. However, the group’s sales increased to £2.5bn, up from £2.2bn last year, with…
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Oct- 2023 -25 OctoberPubs and Bars
Arc Inspirations appoints new people and culture director
Arc Inspirations has announced the appointment of Lee Woolley as its new people and culture director. Woolley, brings a wealth of knowledge with over 30 years of experience within the hospitality industry. Having started his career as a qualified chef, Woolley quickly progressed to General Manager at Scottish and Newcastle…
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Sep- 2023 -29 SeptemberNews
Today’s news in brief – 29/09/23
Hostmore has postponed any new restaurant openings until 2025, saving about £15m in cash expenditures due to challenging trading conditions. The company reported improved cost reductions of £8.2m for the 26 weeks ending July 2, benefiting FY23 by £5.8m. H1 2023 delivered negative EBITDA of £3.8m, compared with positive £7.1m…
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29 SeptemberPubs and Bars
Mitchells and Butlers sales jump 9.1% in Q4
Mitchells and Butlers has grown its like-for-like sales by 9.1% during Q4 ended 23 September, as it sustained growth in both food and drink volumes. Against its pre-pandemic results, Mitchells and Butlers’ year-to-date like-for-like sales increased by 10.5%, with growth attributed to higher spend-per-head. According to the pub operator, it…
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