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Shares have been weak in run up to trading update on 26 May
Thursday 25 May 2017 Author: Daniel Coatsworth

Friday 26 May

The market doesn’t appear to be holding out for strong trading from Frankie & Benny’s operator Restaurant Group  (RTN) when it updates the market on 26 May. Its share price has been weak in the run up to this event, perhaps as a result of other restaurateurs saying life is tough.

Full-year results on 8 March saw new chief executive Andy McCue talk about a ‘transitional’ year in 2017, citing increased costs owing to the National Living Wage; the apprenticeship levy; and business rates as issues to watch while he works on a new game plan for the business.

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