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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.
Travis Perkins
Travis Perkins (TPK) investor relations material
Travis Perkins Q3 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 TU earnings summary15 Oct, 2026
Executive summary
Q3 performance remained in line with H1; revenue declined 1.6% amid subdued UK construction output and persistent macroeconomic uncertainty.
Cost discipline, trading mix management and operational efficiencies continued to support profitability, free cash flow generation and a robust financial position.
Financial highlights
Q3 total revenue declined 1.6%; YTD total revenue declined 1.8%.
Q3 revenue by business: Merchanting -2.6%, Toolstation UK +3.7% and Toolstation Benelux -3.8%.
YTD revenue by business: Merchanting -2.6%, Toolstation UK +3.0% and Toolstation Benelux -5.3%.
Outlook and guidance
Toolstation UK expects further store openings in 2027, with expansion continuing in line with expectations.
Further strategy and operational priorities are due to be outlined at the preliminary results in March 2027.
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Latest events from Travis Perkins
- Adjusted operating profit rose 6.3% despite a 1.8% revenue decline, with strong cash generation.TPK
H1 2026 - Q1 2026 revenue fell 1.7% like-for-like, with mixed segment performance and cost focus.TPKQ1 2026 TU
- Revenue and profit declined, but cash flow and net debt improved amid operational changes.TPKH2 2025
- Like-for-like sales grew 1.8% in Q3 2025, with Merchanting and Toolstation driving gains.TPKQ3 2025 TU
- Revenue down 2.1%, profit fell 24.1%, but Toolstation UK grew and net debt was cut.TPKH1 2025
- Revenue and profit fell, but cost actions and cash flow support future recovery.TPKH1 2024
- Q3 revenue down 5.7%, Toolstation up, FY24 profit seen at £135m amid slow recovery.TPKQ3 2024 TU
- Revenue and profit declined, but Toolstation UK outperformed and net debt improved.TPKH2 2024
Next Travis Perkins earnings date
H2 202611 Mar, 2027
Travis Perkins
Next Travis Perkins earnings date
H2 202611 Mar, 2027
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