Loungers Fireside Chat with CEO - Nick Collins & CFO - Gregor Grant
Loungers has now reopened all of its 165 sites. The reaction from customers has been hugely positive, with sales now almost back up to pre-COVID levels with LFL sales -1.7% since 4 July. While industry visibility remains poor, Loungers’ progress in adapting to the new environment reinforces our view that it is strategically well placed to thrive given its all-day community offer across suburban locations. In this fireside chat, Nick Collins and Gregor Grant give additional insight into current trends, how the business evolved over lockdown, changes in the competitive environment and how they plan to navigate the business back to its growth trajectory. Click below to listen the audio.
Click below to listen the full conference call. Please contact CIR@liberum.com for the password.
*The views in these videos are those of Nick Collins CEO and CFO Gregor Grant of Loungers. Loungers is a corporate client of Liberum.
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