A full year trading statement from pubs operator and brewer Marston’s (LON: MARS) on 15 October could provide mixed news. Drinks sales could have been strong in the fourth quarter, but food-based sites are finding trading tougher.
The taverns division has tough comparatives, but that should not stop it producing like-for-like growth in the period and full year like-for-like growth could be 1%.
The destination and premium division is more focused on food. Even after prominent restaurant closures there is a continued oversupply in the eating-out market as demand declines. This is the main ...