Toby Carvery owner celebrates results after hot weather brings in bumper customers
The pub and bar chain thriving thanks to warm weather
- Mitchells & Butlers, the pub and bar group, reported a significant boost in customer numbers and strong performance.
- The owner of Toby Carvery and All Bar One saw like-for-like sales increase by 5 per cent in the quarter ending 19 July.
- This growth was partly attributed to recent sunny weather and Easter, with both food and drink sales climbing by nearly 5 per cent.
- Despite facing cost inflation challenges, the company anticipates its annual results will reach the "top end" of industry forecasts.
- M&B has converted or remodelled 150 venues and opened two new sites this year, though its shares experienced a slight dip in early trading.