Marston's (MARS) Q1 2026 TU earnings summary

Executive summary

• Achieved strong trading over the festive period, with like-for-like sales up 4.0% and 5.6% growth on key festive dates compared to the same period last year.

• Like-for-like sales for the 17-week period remained resilient and outpaced the total market.

• Board remains confident in meeting full-year consensus expectations and targets set at the October 2024 Capital Markets Day.

Financial highlights

• Like-for-like sales increased by 4.0% for the 17-week period year-over-year.

• 5.6% sales growth achieved across five key festive trading dates.

• FY2026 underlying profit before tax consensus forecast is £78.7 million, with a range from £76.1 million to £83.0 million.

Outlook and guidance

• Confident in delivering FY2026 market expectations and shareholder returns.

• Anticipates significant trading opportunity from the 2026 FIFA World Cup.