Loungers delivers "record" annual revenue; hails new site openings
(Alliance News) - Loungers PLC on Friday reported a jump in its full-year revenue amid strong sales and a successful roll-out of its new site opening scheme.
Read more(Alliance News) - Loungers PLC on Friday reported a jump in its full-year revenue amid strong sales and a successful roll-out of its new site opening scheme.
Read more(Sharecast News) - Bar and restaurant operator Loungers said on Friday that it had seen continued strong like-for-like sales growth in the 53 weeks ended 21 April and now expects full-year underlying earnings to come in ahead of expectations.
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(Alliance News) - Loungers PLC on Thursday said it has continued its "rapid" site rollout, with an opening every 10 days so far this year.
Read more(Sharecast News) - Cafe-bar and restaurant chain operator Loungers has continued its "rapid site rollout", with an opening every 10 days so far this year.
Read more(Sharecast News) - Hospitality operator Loungers announced two senior management appointments on Tuesday to facilitate its continued growth.
Read moreLoungers PLC - Bristol-based operator of Lounge, Cosy Club and Brightside cafes and bars - Hires Stephen Marshall as new chief financial officer, effective from April 23. Current CFO Gregor Grant will step down on the same date, having occupied the role since August 2018, but will stay at Loungers until July 31 "to provide support and to assist with the efficient handover of responsibilities". Marshall held various senior roles at Dyson Ltd, including as interim CFO, from 2013 to 2018. He was CFO at multinational catering equipment supplier Nisbets from December 2018 to July 2021, then became CFO of e-scooter maker Pure Electric where he stayed until November 2023.
Read moreLoungers PLC - Bristol-based operator of Lounge, Cosy Club and Brightside cafes and bars - Announces the opening of its 250th site. Pionero Lounge in Rochdale opened Monday as the accelerated site opening programme across the UK continues. Restates belief that there is scope for at least 600 Lounges across the UK, on track to open 34 new sites in the current financial year alone.
Read more(Sharecast News) - Hospitality operator Loungers announced the opening of its 250th site on Monday, with the Pionero Lounge in Rochdale being described as a milestone as it continued its expansion across the UK.
Read moreLoungers PLC - Bristol-based operator of Lounge, Cosy Club and Brightside cafes and bars - Chief Executive Officer Nick Collins sells 130,000 shares at 221 pence, worth GBP287,330, on Monday. Collins retains 956,276 shares, a 0.9% stake.
Read more(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Tuesday and not separately reported by Alliance News:
Read more(Alliance News) - Loungers PLC on Tuesday said its chief financial officer has informed the board of his intention to stand down next summer.
Read more(Sharecast News) - Hospitality operator Loungers reported revenue growth of 22.3% in the 24 weeks ended 1 October on Tuesday, to £149.62m.
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(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:
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