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Fuller, Smith & Turner Reports Robust Sales Growth and Leadership Transition

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Fuller, Smith & Turner Reports Robust Sales Growth and Leadership Transition

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An announcement from Fuller Smith & Turner ( (GB:FSTA) ) is now available.

Fuller, Smith & Turner PLC reported a 5.0% like-for-like sales growth for the first 16 weeks of the financial year, showcasing strong performance and resilience in the premium pubs and hotels sector. The company’s AGM marks the retirement of Michael Turner as Chairman after 47 years, with Simon Emeny stepping into the role of Executive Chairman, signaling a new chapter for the company as it celebrates its 180th anniversary.

The most recent analyst rating on (GB:FSTA) stock is a Buy with a £12.50 price target. To see the full list of analyst forecasts on Fuller Smith & Turner stock, see the GB:FSTA Stock Forecast page.

Spark’s Take on GB:FSTA Stock

According to Spark, TipRanks’ AI Analyst, GB:FSTA is a Outperform.

The company’s strong financial performance and attractive valuation are the primary strengths, supported by strategic share buybacks. However, bearish technical indicators indicate potential downside risks.

To see Spark’s full report on GB:FSTA stock, click here.

More about Fuller Smith & Turner

Fuller, Smith & Turner is a premium pubs and hotels business with a strong presence in the Southern half of England. The company operates 185 managed pubs and hotels, offering 1,028 bedrooms, and 153 tenanted inns. Known for its exceptional service, Fuller’s aims to create enriching experiences with fresh, seasonal food and a diverse drinks range, supported by a team of over 5,000 individuals.

Average Trading Volume: 36,671

Technical Sentiment Signal: Strong Sell

Current Market Cap: £304.7M

For detailed information about FSTA stock, go to TipRanks’ Stock Analysis page.

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