Hostmore – “in line with the expectations” set out in May, so what does that mean?
By Steve Moore | Monday 11 July 2022
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
American-themed casual dining brand 'Fridays', cocktail-led bar and restaurant brand '63rd+1st' and fast casual dining brand 'Fridays and Go' company Hostmore (MORE) has issued a half-year trading update emphasising “guidance for the full year remains unchanged, with LFL revenues for the period since 23 May 2022 in line with the expectations set out in the trading update issued on 26 May”. So what of a share price of 35p, comparing to more than 40p in May?
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