The Fulham Shore Share Discussion Threads

[gizmohican] 16/10/2020 07:00

BBC news write up ... https://www.bbc.co.uk/news/business-54551746

[gizmohican] 15/10/2020 06:56

Will be interesting to see how the other similar operators fair..bench mark set

[gizmohican] 15/10/2020 06:21

Truly super results considering

[lukehold] 08/10/2020 07:55

Looks like a half term lockdown coming

[lukehold] 07/10/2020 21:28

https://www.bbc.co.uk/news/uk-scotland-54449573 how long until it's the same in London again :(

[gizmohican] 28/9/2020 09:01

hxxps://www.thisismoney.co.uk/money/markets/article-8775561/Pizza-duo-snap-bargain-sites-expansion.html

[gizmohican] 28/9/2020 06:09

Think Fulham shore will be used a bench mark for other similar operators Re results

[gizmohican] 28/9/2020 06:08

Bloody good results considering, strong cash position, 7.2 % sales increase, huge op in front of them to pick up great sites at bargain prices I am happy to keep holding and adding

[gizmohican] 24/9/2020 06:21

My guess is next week

[wongman] 23/9/2020 16:19

When are full results coming out?

[gizmohican] 29/8/2020 08:32

Money week tips The Times Franco Manca pizza-owner Fulham Shore has had “two record weeks of trading” thanks to the restaurant-subsidy scheme and should emerge strongly from the crisis as rivals fall away. Buy (8.5p).

[gizmohican] 25/8/2020 20:21

Business Eat Out to Help Out discount used 64m times in three weeks 2 hours ago Share this with Facebook Share this with WhatsApp Share this with Messenger Share this with Twitter Share Chancellor Rishi Sunak speaks to diners at a Wagamamas restaurantImage copyrightHM TREASURY Image caption Chancellor Rishi Sunak says the scheme is helping to protect nearly two million jobs Diners used the Eat Out to Help Out scheme more than 64 million times in its first three weeks, according to the latest Treasury figures. The scheme, which is now in its final week, offers customers in restaurants, pubs and cafes 50% off their meal, up to a maximum of £10 per head. It runs every Monday, Tuesday and Wednesday in August to encourage support for the hospitality sector. Chancellor Rishi Sunak said the scheme was supporting nearly two million jobs. "Today's figures continue to show that Brits are backing hospitality - with more than 64 million meals discounted so far, that's equivalent to nearly every person in the country dining out to protect jobs. "This scheme has reminded us how much we love to dine out, and in doing so, how this is helping to protect the jobs of nearly two million people who work in hospitality." According to restaurant booking website OpenTable, the number of customers at UK restaurants between Monday to Wednesday last week was 61% higher than last year. When does the 'eat out to help out scheme' end? Eat Out to Help Out cuts cost of school dinners The Treasury said 84,000 restaurants had now signed up to the scheme, which closes on 31 August. Eat Out to Help Out aims to help protect the jobs of 1.8 million employees in the hospitality industry by encouraging people to return to local eateries where social-distancing rules now apply. About 80% of hospitality firms stopped trading in April and 1.4 million workers were furloughed - the highest proportions of any sector - according to government data. David Page, chairman of Fulham Shore, which owns Franco Manca and The Real Greek, said: "Eat Out to Help Out immediately increased our restaurant customer numbers by over 50%, thus enabling us to get all our staff back to work. In fact, we are now creating new jobs ." Criticism No vouchers are needed, with the participating establishment simply deducting 50% from the bill, up to the £10 per person maximum, and reclaiming the money from the Treasury. However, the discount is only on food and soft drinks eaten on the premises, and does not apply to takeaways.

[gizmohican] 22/8/2020 06:54

Franco Manca owner Fulham Shore has reported that the Eat Out to Help Out scheme has driven like-for-like sales "markedly up" for the first two weeks in August, compared to the same period in 2019. It said that despite some restaurants still being closed, it had achieved one of its highest ever weekly turnover periods in the second week of August. In a trading update Fulham Shore said that 50 out of its 51 Franco Manca sites would be open by the end of next week, along with 16 of its 18 the Real Greek restaurants. Those that remain closed are in the City and West End of London. They will only reopen when "office tenants and theatregoers return". A new site on the Cut near Waterloo in London is also set to open next month. Fulham Shore added that it had now reached agreements with 40% of its landlords to waive, defer or reduce rents, while almost all of its employees are now back off furlough.

[gizmohican] 20/8/2020 10:55

Full results out next month, with update no doubt on help out to eat figures

[ny boy] 20/8/2020 07:36

Survive & thrive stick, the shackles have been lifted, hopefully some good press as a result

[gizmohican] 20/8/2020 07:28

Great 15p next stop

[ny boy] 20/8/2020 07:19

and a great rns completion of banking facilities and a nice trading update, with some of their competitors out of the way the road to recovery could be very rewarding to shareholders over the coming years imo Strong hold, added this morning

[buoycat] 20/8/2020 00:16

Tipped in today's Times Tempus column.

[ny boy] 19/8/2020 10:32

Has played out well on a technical basis, hit 10.63p resistance, now having a pull back, next support levels to add/buy 7.77p or 6p imo

[lukehold] 18/8/2020 22:55

Less competition Earlier this evening Pizza Express announced it will close 73 restaurants and cut 1,100 jobs after being hit hard by the coronavirus pandemic and lockdown.The company, which currently has around 454 restaurants in the UK, said on Tuesday it has finalised a proposal to reduce its restaurant and rental costs via a company voluntary arrangement (CVA).

[lukehold] 17/8/2020 13:27

Numbers eating out in UK surpass pre-lockdown levels by a quarterhttps://uk.finance.yahoo.com/news/coronavirus-numbers-eating-out-surpass-prelockdown-quarter-050013500.html

[gizmohican] 13/8/2020 07:25

50% up in Franco's and 100% up in The Real Greek based on L4L's vs last year

[gizmohican] 13/8/2020 07:24

Good review in FT... hxxps://www.ft.com/content/0f76bdab-4d2f-4e5f-af5b-f777c1fd5826

[gizmohican] 12/8/2020 13:54

sp moving to more of a realistic level

[chinahere] 12/8/2020 12:39

Yes. That extra £10 million government loan could really enable expansion here. Money and opportunity meet.