Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required. Password is required.
Deliveroo Guides For Higher Earnings, Positive Free Cash Flow
Deliveroo guided for further growth in its core earnings this year after its 2023 results were better than expected.
The food-delivery company expects its adjusted earnings before interest, taxes, depreciation and amortization—a metric that strips out exceptional and other one-off items—to be between 110 million and 130 million pounds ($141 million-$166 million) in 2024, it said Thursday. It guided for positive free cash flow for the year, and expects its gross transaction value to grow between 5% and 9%, with a first quarter...
ANALYSIS: Inflation, Waning Demand Impacting UK Beef Trade This Summer
Inflation, declining cattle prices and lackluster demand are all key themes that continue to influence the UK beef trade this summer. Boxed beef carcass cutouts have struggled for several weeks as offerings for most items were generally fully adequate while demand remained subdued across retail, foodservice and manufacturing sectors.
Despite increased retail beef promotions across the UK, wholesale markets continued their downward trajectory throughout July and August. Several beef items includ
UK Supermarket Leader Morrisons Selects Eagle Eye to Supercharge Loyalty and Promotions Capabilities
Eagle Eye, a leading SaaS technology company powering real-time, omnichannel and personalised consumer marketing activities, has secured a five-year contract with Morrisons Supermarket Ltd, one of the largest supermarket chains in the UK to further develop its loyalty and promotional offering.
Eagle Eye's AIR platform will enhance Morrisons loyalty programme, which allows customers to benefit from exclusive prices and earn points on selected products in-store, online and on fuel. The new offering will create more ways of engaging with customers, and help the supermarket...
Papa John’s International Acquires Drake Food Service International’s Restaurants in the UK
Papa John’s International, Inc. (NASDAQ: PZZA) (“Papa Johns” or “Company”) today announced the acquisition of restaurants previously operated by the M25 division of Drake Food Service International (DFSI) in the United Kingdom. The transition of restaurants will establish a portfolio of Company-owned restaurants in the market. Financial terms of the transaction were not disclosed.
“The U.K. is important within our international footprint with the largest number of stores outside of North America, strong brand awareness with consumers and potential for long-term growth as we still have...
FEATURED STORIES
ANALYSIS: Turkey Headcount Slips to Record Low
ANALYSIS: Tightening Turkey Production Trends
ANALYSIS: Export Volume Challenges for Mexican Beef End Cuts
ANALYSIS: Dollar to Peso Currency Conversion Impact on the U.S. Pork Bone-In Ham Market
Urner Barry Presents Historic Awards to Industry Professionals at Executive Conference