Marston's PLC (MRTPY)
- Simply Wall St.
Returns On Capital At Marston's (LON:MARS) Have Hit The Brakes
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
- Simply Wall St.
With 58% ownership of the shares, Marston's PLC (LON:MARS) is heavily dominated by institutional owners
Key Insights Institutions' substantial holdings in Marston's implies that they have significant influence over the...
- Reuters
UK pub group Marston's reports higher sales on strong Christmas season
The predominantly suburban pub group said like-for-like sales for the 16 weeks to Jan. 20 were up 8.1%, and the key festive days witnessed a 9.6% rise from a year ago. "This, together with an improving outlook in which inflationary headwinds are broadly abating, and the actions we are taking to operate more efficiently and rebuild margins, position Marston's well for the year ahead," recently appointed CEO Justin Platt said in a statement. Resilient customer spending has helped British pub groups during an uncertain economic environment, even as fears of customers cutting back loom.
