Profit Alert Puts the Bite On Trg ; Leisure

Summary


SHARES in Garfunkel's, Frankie and Benny's and Chiquito owner The Restaurant Group lost almost a third of their value today after a nasty profit warning that spooked the casual dining market.

Investors were reminded of the horrific effect on the sector of a pre-Christmas profit warning by Clapham House, owner of the Bombay Bicycle Club and Gourmet Burger Kitchen chains, which smashed the industry's share prices.

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Profit Alert Puts the Bite On Trg ; Leisure

The Restaurant Group shar...

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