TGI Fridays operator sees Q1 sales slide 3%
The board's focus remains on cash flow generation to repay group borrowings, following which there will be an evaluation of shareholder distributions
TGI Fridays operator Hostmore has revealed a 3% drop in like-for-like sales in the 22 weeks ended 4 June 2023, down from a 1% decline in the first 16 weeks of the year.