Loungers (LGRS)

Sector:

Tourism and Leisure Services

Index:

FTSE AIM 100

281.00p
   
  • Change Today:
    -3.00p
  • 52 Week High: 286.00p
  • 52 Week Low: 182.50p
  • Currency: UK Pounds
  • Shares Issued: 103.83m
  • Volume: 15,422
  • Market Cap: £291.76m
  • RiskGrade: 184

Loungers on track with roll-out plan

By Michele Maatouk

Date: Monday 13 Nov 2023

LONDON (ShareCast) - (Sharecast News) - Café, bar and restaurant operator Loungers said on Monday that its accelerated site roll-out plan remains firmly on track, with four further sites opened since 13 September.
The three new Lounge sites are Alfredo Lounge (part of the former Eve & Ranshaw department store) in Louth, Lincolnshire, Bordo Lounge (formerly a Top Shop) in Carlisle, and Muro Lounge (formerly an Argos) in Hexham.

Loungers said all three locations evidence its "track record of and ability to breathe new life into the UK's high streets, bringing footfall and jobs and, in particular, rejuvenating former retail sites".

The company - which owns the Lounge, Cosy Club and Brightside brands - also opened a Cosy Club in Oxford.

Chief executive Nick Collins said: "Our accelerated site roll-out plan remains firmly on track, and we're delighted with the four new sites that we've opened in the last few weeks. It's particularly pleasing to be increasing our presence in the North through the openings in Carlisle and Hexham, and we see significant potential for more sites in both the North West and the North East.

"It's also great to be finally opening a Cosy Club in Oxford. It's a city that's been on our list for quite some time and we've been really pleased with trade in its first few weeks. Our ambitions for Oxford don't end there and, in time, we see scope for bringing at least four new Lounge sites to the suburbs of the city."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Loungers Market Data

Currency UK Pounds
Share Price 281.00p
Change Today -3.00p
% Change -1.06 %
52 Week High 286.00p
52 Week Low 182.50p
Volume 15,422
Shares Issued 103.83m
Market Cap £291.76m
RiskGrade 184

Loungers Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
77.95% below the market average77.95% below the market average77.95% below the market average77.95% below the market average77.95% below the market average
76.92% below the sector average76.92% below the sector average76.92% below the sector average76.92% below the sector average76.92% below the sector average
Price Trend
87.24% above the market average87.24% above the market average87.24% above the market average87.24% above the market average87.24% above the market average
96.36% above the sector average96.36% above the sector average96.36% above the sector average96.36% above the sector average96.36% above the sector average
Income Not Available
Growth
10.63% above the market average10.63% above the market average10.63% above the market average10.63% above the market average10.63% above the market average
49.02% below the sector average49.02% below the sector average49.02% below the sector average49.02% below the sector average49.02% below the sector average

Loungers Dividends

No dividends found

Trades for 15-Jul-2024

Time Volume / Share Price
14:54 6,878 @ 281.30p
11:27 200 @ 282.00p
10:46 33 @ 282.00p
10:31 527 @ 282.00p
10:22 1,766 @ 283.00p

Loungers Key Personnel

CEO Nick Collins
CFO Stephen Marshall

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