Cake Box Holdi. Share News (CBOX)
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Wed, 06th Mar 2019 13:18
LONDON (Alliance News) - Cake Box Holdings PLC on Wednesday announced the purchase of two warehouse and distribution centres for GBP1.4 million.
The two sites are in Bradford and Coventry, and have been bought using existing cash.
They will help future growth, Cake Box said, as it targets new franchise store openings for its egg-free cakes. It had 111 franchised stores as of the end of February.
Shares were 1.0% higher on Wednesday at a price of 158.00 pence each.
(Sharecast News) - Fresh cream cakes retailer Cake Box said on Tuesday that trading had been "very strong" since reopening in June after Covid-19 restrictions forced it to shut up shops.
Read moreCake Box Sees Improving Sales Trend Since Reopening Stores
Read more(Sharecast News) - Egg-free cake retailer Cake Box said on Monday that full-year profit came in slightly below expectations as the Covid-19 pandemic impacted trading in March but that current trends were improving.
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Read more(Sharecast News) - Egg-free cake retailer Cake Box said on Monday that 79 of its franchise stores are now open and that it expects the full high street estate to be open by early June.
Read moreUK TRADING UPDATE SUMMARY: Companies Cut Pay To Mitigate Virus Impact
Read moreCake Box Financially "Strong" As Covid-19 Forces Stores To Close
Read more(Sharecast News) - Analysts at Liberum initiated coverage on bakery chain Cake Box on Tuesday, hitting the group with a 250.0p target price and a 'buy' rating.
Read moreUK BROKER RATINGS SUMMARY: SocGen Cuts Barclays To Hold From Buy
Read moreDIRECTOR DEALINGS: Cake Box CFO Buys GBP225,000 In Shares
Read moreUK WINNERS & LOSERS SUMMARY: PetroTal Rises After Lifting Guidance
Read more(Sharecast News) - Cake Box reported a jump in first-half profit and revenue on Monday as it rolled out new stores.
Read moreCake Box Shareholders Have Their Cake As Interim Payout Raised 33%
Read moreUK Earnings, Trading Statements Calendar - Next 7 Days
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