Marston’s Sales Weaken After Ban on Smoking in Pubs
Marston’s Plc, the pub owner that sponsors England’s national cricket team, said sales growth weakened after an indoor smoking ban, becoming the latest industry member to say the measure is hurting revenue or profit.
Sales rose 1 percent at company managed pubs open a year or more in the current fiscal year’s first 16 weeks, Wolverhampton, England-based Marston’s said today in a statement. That was less than a quarter of the previous year’s 4.6 percent gain. Revenue growth slid to 0.1 percent in the most recent eight weeks.
Source: Bloomberg.com. Link


