Restaurant Group PLC (RTN.L)
21 Feb 2017
BRIEF-Delight Restaurant Group announces acquisition of 30 Wendy's restaurants from The Wendy's Company
* Delight Restaurant Group announces acquisition of 30 Wendy's restaurants from The Wendy's Company as part of the company's previously announced system optimization initiative Source text for Eikon: Further company coverage:
Jan 25 Restaurant Group's sales fell last year and the owner of the Frankie & Benny's chain warned on Wednesday that a hike in Britain's minimum wage will drive costs higher in 2017.
Jan 25 Britain's FTSE 100 index is seen opening 13 to 19 points higher, or up as much as 0.3 percent on Wednesday, according to financial bookmakers, with futures up 0.5 percent ahead of the cash market open.
Jan 25 Britain's Restaurant Group, the owner of the Frankie & Benny's chain, said it expects rising costs in 2017 due to a hike in Britain's minimum wage as it reported a 3.9 percent fall in like-for-like sales for the 53 weeks ended Jan. 1.
* Total turnover increased by 3.7 pct* versus prior year, to 710.7 mln stg, with 53 week like- for-like sales down 3.9 pct. In period group closed 37 sites and opened 24 sites
* Announces preliminary and unaudited fourth quarter and fiscal year 2016 sales results
Del Frisco's Restaurant Group Inc is under pressure from an activist shareholder to launch a quick turnaround of the company's performance or seek to sell the steak house chain, according to people familiar with the matter.
* Del Frisco's Restaurant Group Inc - Mednansky intends to remain with company through end of calendar year to ensure a seamless and orderly transition
** Restaurant Group, operator of Frankie and Benny's chain, +2.8%, 3rd top FTSE midcap gainer after H1 beat expectations & co keeps FY guidance following turbulent few months of trading