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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Foxtons Group
Foxtons Group (FOXT) investor relations material
Foxtons Group Q3 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 TU earnings summary5 Nov, 2026
Executive summary
Resilient Q3 trading despite challenging market conditions, supported by recurring Lettings revenue; performance in line with management expectations.
Full-year adjusted operating profit expected within the £17m–£19m range guided in July.
Financial highlights
Q3 revenue £45.9m, down 6% YoY; 9M revenue £129.6m, down 4% YoY.
Q3 revenue excluding £2.7m of RRA-related early termination impact was marginally ahead YoY, including £1.0m incremental acquisition revenue.
9M revenue excluding £5.7m of early termination impact rose £3.5m YoY, including £2.6m incremental acquisition revenue.
H1 cost reduction actions generated £4.5m of annualised savings.
Outlook and guidance
Early terminations eased through Q3 and October; re-letting activity remained robust, with disruption viewed as a short-term transition and longer-term RRA benefits expected.
Four acquisitions are expected to deliver attractive returns above the 20% ROIC target through operational synergies and scale benefits.
Priorities include recurring Lettings growth, acquisition returns, productivity improvements and value-enhancing technology, including AI.
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Latest events from Foxtons Group
- Recurring revenues and cost savings offset sales weakness; Lettings and Financial Services grew.FOXT
Q2 2026 - Lettings volatility and cost savings shape a £17m–£19m profit outlook amid sales headwinds.FOXTTrading update
- Lettings growth and cost actions offset weaker Sales, keeping full-year guidance unchanged.FOXTQ1 2026 TU
- 5% revenue and EBITDA growth driven by lettings and acquisitions, with strong outlook for 2026.FOXTH2 2025
- 2025 revenue rose 5% to £172m, driven by Lettings and acquisitions, with stable profit margins.FOXTQ4 2025 TU
- Double-digit profit growth, margin expansion, and robust Lettings underpin strong H1 results.FOXTH1 2025
- Double-digit revenue and profit growth, with sales outperformance and robust outlook.FOXTH1 2024
- Strong revenue and profit growth in 2024, driven by market share gains and operational upgrades.FOXTH2 2024
- Targets £240m revenue and £50m profit, doubling 2024, via tech, AI, and market expansion.FOXTCMD 2025
Next Foxtons Group earnings date
Q4 20265 Mar, 2027
Foxtons Group
Next Foxtons Group earnings date
Q4 20265 Mar, 2027
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Frequently asked questions
Foxtons Group plc is a UK-based real estate company specializing in residential property sales, lettings, and associated services. The company operates a network of branches across London and the surrounding areas, offering services such as property management, mortgage advice, and valuation. Foxtons utilizes advanced technology and a team of property experts to facilitate efficient transactions for buyers, sellers, landlords, and tenants. The company is headquartered in London, England, and its shares are listed on the London Stock Exchange (LSE).