The Lemon Fool

Latest Trading Update from Fulham Shore

https://www.investegate.co.uk/fulham-sh ... 00072338O/

In my opinion one of the more attractive investment opportunities in the hospitality sector. Operating at about half usual revenues, through take aways, but continues to seek opportunities for new openings, and the "cheap" rents on offer for appropriate sites. Final negotiation stage reached for two such sites, one for each of the core brands, expected to open in the Summer. That's in addition to a new site shortly to open in Glasgow.

(Disclosure I hold).

Trading Update

https://www.investegate.co.uk/fulham-sh ... 00073763W/

Post lockdown re-opening demonstrates clear pent up demand. Details of new store openings, and continuing search for (realistically priced) new sites.

Trading Update

https://www.investegate.co.uk/fulham-sh ... 00053385L/

Acceleration in revenue growth comparisons with previous year over the last few weeks. Details of new store openings. A successful growth stock story.

Shares up slightly, now at (approx.) 4 year highs.

Another Trading Update to be officially released by the Chairman at the AGM later today (but already RNS released to the market).

Here is the most applicable quote.

"With strong revenue growth in our first half to September 2021 compared to six months to September 2019, Fulham Shore is trading ahead of management's expectations. This augurs well for the full year performance and our UK wide expansion plans."

https://www.investegate.co.uk/fulham-sh ... 00092950N/

for the full story and additional information.

Trading Update

"We are accelerating our growth in the UK and abroad. We continue to trade ahead of our own expectations and have a strong pipeline of exciting new locations."

https://www.investegate.co.uk/fulham-sh ... 00042852R/

Share price has slipped a little in recent weeks but an approx 10% rise today takes them back close to their peak.