Franchise Brands (LON:FRAN) Posts Quarterly Earnings Results

Franchise Brands (LON:FRAN) issued its earnings results on Thursday. The company reported GBX 8.59 ($0.11) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Franchise Brands had a net margin of 6.43% and a return on equity of 3.60%.

Franchise Brands Trading Up 2.2 %

Shares of LON:FRAN traded up GBX 3 ($0.04) during trading on Thursday, reaching GBX 140 ($1.80). 184,418 shares of the company were exchanged, compared to its average volume of 140,214. The business’s fifty day simple moving average is GBX 143.01 and its 200-day simple moving average is GBX 153.21. The company has a debt-to-equity ratio of 42.67, a current ratio of 1.39 and a quick ratio of 1.57. Franchise Brands has a 12-month low of GBX 131 ($1.69) and a 12-month high of GBX 210 ($2.70). The firm has a market capitalization of £270.60 million, a PE ratio of 35.15 and a beta of 0.82.

Franchise Brands Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, May 23rd. Shareholders of record on Thursday, May 8th will be given a GBX 1.30 ($0.02) dividend. This represents a yield of 0.95%. This is a boost from Franchise Brands’s previous dividend of $1.10. The ex-dividend date is Thursday, May 8th. Franchise Brands’s payout ratio is 50.21%.

Insider Activity at Franchise Brands

In other Franchise Brands news, insider Louise George purchased 100,000 shares of Franchise Brands stock in a transaction dated Monday, February 10th. The stock was acquired at an average price of GBX 148 ($1.91) per share, for a total transaction of £148,000 ($190,549.76). Also, insider Peter Kear purchased 35,000 shares of the business’s stock in a transaction dated Thursday, January 30th. The stock was bought at an average price of GBX 136 ($1.75) per share, for a total transaction of £47,600 ($61,284.92). 39.04% of the stock is owned by company insiders.

Franchise Brands Company Profile

Franchise Brands is an international, multi-brand franchisor focused on building market-leading businesses primarily via a franchise model. The Group has a combined network of over 625 franchisees across seven franchise brands in ten countries covering the UK, North America and Europe.

Franchise Brands’ focus is on B2B van-based reactive and planned services.