Marston's pubs see rising food sales
http://www.bbc.co.uk/go/rss/int/news/-/news/business-11483953 Version 0 of 1. Pub and brewing group Marston's expects its full-year profits to meet market expectations, led by an increase in sales of food. At its managed pubs, the firm said overall like-for-like sales - which excludes new openings - were 1.7% higher in the year to 2 October. Breaking this down, Marston's said food sales had grown 2.5%, while those of drinks were up by 1.4%. It added that food now accounted for 40% of sales at its managed outlets. The company, which will report its full-year results on 2 December, said it was also benefiting from continuing cost-cutting. In its tenanted and leased pubs division - pubs which are run independently by landlords - Marston's said its like-for-like profits were expected to be 3.7% lower than a year earlier. The company did not release a profit estimate for its managed pubs. |