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TGI Fridays owner reports further sales decline

TGI Fridays owner Hostmore has reported a 3% decline in like-for-like (lfl) sales for the 22 weeks to 4 June 2023 – down from -1% in the first 16 weeks.

Fridays owner Hostmore reveals sales dip as cost-cutting plan continues

Hostmore told shareholders that total revenues slipped 1% over the 22 weeks to June 4.

Hostmore reports revenue fall in first 22 weeks of 2023

Hostmore PLC on Wednesday reported lower revenue in the first 22 weeks of 2023 to June 4. The West Sussex, England-based owner of casual dining brand Fridays said total revenue declined by 1%. | June 7, 2023

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