02-Dec-2020 09:33 AM
Hospitality group Loungers swung to a profit in the first half of the year as higher margins on cost cuts offset a fall in revenue.
For the 24 weeks ended 4 October 2020, pre-tax profit was £117,000 from a loss of £2.5 million year-on-year, w
05-Aug-2020 09:33 AM
Loungers reported a slight fall in sales, but said it was 'encouraged' by the initial strength of its trading performance since reopening.
Like for like sales fell 1.7% over the period from 4 July, when our phased re-opening commenced, throug
19-Jun-2020 09:00 AM
Liberum Capital today reaffirms its buy investment rating on (LON:LGRS) and cut its price target to 200p (from 275p).
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23-Apr-2020 10:50 AM
Peel Hunt today reaffirms its buy investment rating on (LON:LGRS) and cut its price target to 200p (from 285p).
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04-Dec-2019 07:45 AM
Loungers narrowed its losses on higher revenue as the cafe, bar and restaurant operator rolled out new sites.
For the 24 weeks to 6 October, pre-tax losses narrowed to £2.5m from £4.3m on-year as revenue grew 22% to £79.8m, with like-fo
28-Aug-2019 08:39 AM
Cafe and restaurant operator Loungers reported narrower annual losses as revenues rose by more than a quarter.
For the 52 weeks ended 21 April 2019, pre-tax losses narrowed to £5.0m from £6.6m a year earlier as revenues surged 26.4% to &pou
12-Jun-2019 09:22 AM
Caf?-bar-restaurants operator Loungers said it continued to trade 'well' as it opened its 150 site - Fosso Lounge in Wells, Somerset
The new site in Somerset now sees the company operate a total of 125 Lounges and 25Cosy Clubs.
Since the be
06-Jun-2019 09:31 AM
Caf?s, bars and restaurant operator Loungers said annual revenues rose by more than quarter as efforts to increase its offering to a broader demographic paid off.
Both the Lounge and Cosy Club brands had traded 'well throughout the year and since
04-Jun-2019 08:20 AM
Peel Hunt today initiates coverage of (LON:LGRS) with a buy investment rating and price target of 285p.
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03-Jun-2019 11:00 AM
Liberum Capital today initiates coverage of (LON:LGRS) with a buy investment rating and price target of 275p.
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Broker Forecasts data provided by www.sharesmagazine.co.uk...