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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.
Likewise Group
Likewise Group (LIKE) investor relations material
Likewise Group Trading update summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Trading update summary3 Nov, 2026
Trading performance
October revenue rose 36.7% YoY, taking YTD growth to 22.8%; positive momentum spanned all businesses.
Operational gearing and higher sales support FY26 PBT of at least £6m, materially ahead of current market expectations.
Acquisition integration
Integration of assets purchased from Headlam’s administrator is progressing; Concept Flooring Supplies has replenished stock and is nearing normal service.
Crucial Trading has ordered additional stock, and its Kidderminster bespoke rug operation is processing incoming orders; both businesses are expected to enhance FY27 earnings.
Administration stock is being sold through under a carefully managed Stock Agency Agreement; exclusive products are being restocked across Likewise Floors and Valley Wholesale Carpets.
Property and logistics
The 90,000 sq ft Thatcham hub was purchased with cash; freehold ownership now covers 8 properties valued at £56m, alongside £11m of fixed debt.
Deliveries to Thatcham began on 22 October; the hub is due to become a key part of the logistics network in November, supporting service across southern England and other locations.
The delivery fleet will increase by 16 trucks to 192 in 2026, with further additions envisaged in Q1 and Q2 2027.
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Latest events from Likewise Group
- ~£30m raise backs logistics expansion and a £300m sales ambition.LIKE
Investor update - 2025 growth and a positive 2026 start underpin capacity-led ambitions beyond £200m.LIKEPre-close call
- Revenue rose 15.2% YoY as Leeds and Newport investments expand logistics capacity.LIKETrading update
- Revenue grew 6.2%, but higher interest costs pressured profit as growth investment continued.LIKEH1 2024
- Sales growth and H2 operational gearing support FY 2024 expectations and 2025 momentum.LIKETrading update
- Sales momentum and expanded capacity underpin the £200m revenue ambition.LIKEH2 2024
- Revenue rose 10.2%, underlying PBT 120%, and like-for-like sales stayed strong through August.LIKEH1 2025
- FY25 growth and 2026 trading momentum are backed by expanded capacity.LIKEH2 2025
- H1 revenue and margins rose as strong Q3 trading lifted FY26 profit expectations.LIKEH1 2026
Next Likewise Group earnings date
H2 202627 Apr, 2027
Likewise Group
Next Likewise Group earnings date
H2 202627 Apr, 2027
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