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Mitchells & Butlers
Mitchells & Butlers (MAB) investor relations material
Mitchells & Butlers Q1 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 TU earnings summary15 Jan, 2026
Executive summary
Achieved strong festive season trading with like-for-like sales growth of 7.7% over the core three-week period, and 10.5% growth over the five key festive days.
Like-for-like sales for the first quarter grew 4.5%, outperforming the market across the brand portfolio.
Total sales increased by 3.5% year-to-date.
Financial highlights
Food like-for-like sales rose 5.1% and drink sales 3.8% over the 15 weeks to 10 January 2026.
Like-for-like sales growth was 3.8% in the first 8 weeks, 5.2% in the next 7 weeks, and 4.5% for the full 15-week period.
Outlook and guidance
Confident in managing approximately £130m of year-on-year cost headwinds, mainly from higher labour and food costs.
Focus remains on cost efficiency and sales growth through the Ignite and capital investment programmes.
Well positioned to grow market share leveraging a diverse brand portfolio and prime estate locations.
What metrics confirm successful remodel returns?
How will capital investment mitigate cost headwinds?
What drove record Christmas Day sales?
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Latest events from Mitchells & Butlers
- Operating profit up 10.4% on 4.3% sales growth; outlook remains strong despite cost headwinds.MAB
H1 202513 Jan 2026 - Sales and profit growth outpaced the market, with strong cash flow and reduced leverage.MABH2 202528 Nov 2025
- Like-for-like sales rose 4.2% YTD, with strong mid-market growth and resilient outlook.MABQ4 2025 TU25 Sep 2025
- Like-for-like sales growth reached 4.5% year-to-date, outperforming the market.MABQ3 2025 TU11 Aug 2025
- Strong profit growth and market outperformance, with robust sales and margin recovery.MABH2 202413 Jun 2025
- Sales growth outpaces the market, with strong cost control and positive outlook.MABTrading Update13 Jun 2025
- Sales growth ahead of the market and margin recovery expected as cost pressures ease.MABQ3 2024 TU13 Jun 2025
- Festive sales surged 10.4%, driving strong first-quarter growth and positive outlook.MABTrading Update6 Jun 2025
Next Mitchells & Butlers earnings date
H1 202615 May, 2026
Mitchells & Butlers
Next Mitchells & Butlers earnings date
H1 202615 May, 2026
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Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
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@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
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