Mitchells & Butlers has reported increased customer numbers, which the company attributes largely to sunny weather. The group's sales are expected to reach the top end of industry expectations. CEO Phil Urban confirmed the company is performing well despite challenges from rising costs such as national insurance contributions and minimum wage increases. Like-for-like sales grew by 5 percent, with food sales increasing by 4.9 percent and drink sales by 4.8 percent, illustrating strong momentum in performance.
Mitchells & Butlers reported a significant boost in customer numbers, attributing part of its strong performance to recent sunny weather, with sales exceeding industry forecasts.
Phil Urban stated the group is performing 'strongly' despite cost pressures, with like-for-like sales growing by 5 percent over the quarter to July 19.
Sales growth has remained well ahead of the market, benefiting from Easter and recent sunny weather, as food sales climbed by 4.9 percent.
Drink sales increased by 4.8 percent for the quarter, indicating the company's strong overall performance across their brands.
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