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The Latest Breaking News from TGI

TGI Fridays secures rescue deal but more than 1,000 UK jobs lost

Private equity groups Calveton and Breal Capital to buy 51 restaurants, although 35 outlets will close

The Guardian - UK

Reports of 'mass closures' of TGI Fridays across UK sparks concerns from union

REPORTS of staff being "shut-out" of TGI Fridays sites amid "mass closures" across the UK have sparked concern from a workers…

The National (Scotland)

TGI Fridays ‘close to rescue deal’ that could save more than 2,000 UK jobs

Administrators reportedly in talks with Calveton and Breal Capital, which could buy up to 55 of 87 restaurants

The Guardian - UK

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TGI Friday’s UK future in doubt as owner reveals plan to enter administration

Brand could disappear, with 87 restaurants and 4,500 jobs at risk after talks over rescue deal collapse

The Guardian - UK

Glasgow's first TGI Fridays was unlike anything local diners had ever seen before

Back in the 1990s a classic American-themed eatery opened in Glasgow the likes of which most locals hadn't seen before. TGI Fridays offered a whole new kind of dining experience.

Glasgow Live

Greater Manchester's first TGI Fridays was unlike anything customers had seen before

Staff at the restaurant would be paid based on sales and had to adhere to a strict 12-points code of conduct at all times

Manchester Evening News

Fury at Glasgow TGI Fridays move to axe free meals for staff

Union members are angry at losing the benefit amid the cost of living crisis but the popular restaurant said it gives staff half price food.

Glasgow Live

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Iceland shoppers rave over 'unreal' snack that has them 'clearing the freezer'

Iceland shoppers can't wait to get their hands on the new snack.

Daily Record

We compared Iceland's TGI Fridays range with the restaurant and there was a clear winner

"I know where I'll be going for my next TGIs fix"

Manchester Evening News

Recovering Air Travel To Aid Raytheon (RTX) Q2 Earnings

Raytheon Technologies Corp. (NYSE: RTX) is set to release second-quarter 2022 results on Jul 26, before market open.

Benzinga

Triumph Interiors Bags Contract From Mammoth Freighters

Triumph Group Inc's (NYSE:TGI) Interiors business has secured a contract from Mammoth Freighters for composite air distribution ducts on the Boeing Co (NYSE:BA) 777 Passenger to Freighter (P2F) conversions. Financial terms were not disclosed. Triumph Interiors will provide manufacturing and engineering support services for the Mammoth Freighters' re-designed air distribution ducting system in the cargo…

Benzinga

TGI Fridays in Edinburgh tells irate diner 'we hear you' after they slate experience

Responding to a scathing TripAdvisor review, which criticised both the food and the service they received, TGI Fridays staff said to the customer: 'we're hearing you, tough to take though it is'

Edinburgh Live

Short Volatility Alert: Triumph Group

On Friday, shares of Triumph Group, Inc (NYSE: TGI) experienced volatile short activity. After the activity, the stock price went down -2.11% to $13.95. The overall sentiment for TGI has been Bearish.

Benzinga

Why Triumph Shares Are Plunging Today

Triumph Group Inc (NYSE:TGI) reported a fourth-quarter sales decline of 17.2% year-over-year to $386.65 million, -2% Y/Y on an organic basis, which missed the consensus of $405.19 million. The operating income improved to $38.79 million compared to the loss of $(46.21) million a year ago, and the margin recovered to 10% from…

Benzinga

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Benzinga

Triumph Secures Next Generation Jammer Production Contracts From Raytheon

Triumph Group Inc (NYSE:TGI) has secured a multi-year contract from Raytheon Intelligence & Space, a Raytheon Technologies Corp (NYSE:RTX) business, to deliver air inlet and exhaust electro-mechanical door actuators and an advanced electronic control system for the Next Generation Jammer Mid-Band (NGJ-MB) pod. Financial terms were not disclosed. The contract covers LRIP lots I…

Daily Mirror

I tried TGI Friday's new summer range at Iceland - and this is what I thought

Like most Brits, I can't resist some good barbecued food at the first sight of nice weather

Benzinga

Triumph Secures Contract Extension For 787 Cargo Door Actuation System

Triumph Group Inc (NYSE:TGI) facility in Clemmons, North Carolina, Actuation Products & Services, has extended a contract with a major European aerostructures provider to supply a Boeing Co (NYSE:BA) 787 Cargo Door Actuation System. Financial terms were not disclosed. Designed, integrated, qualified, and manufactured by Triumph, the product line complements a portfolio of cargo door…

Benzinga

Triumph Bags Lockheed Martin Production Contracts

Triumph Group Inc's (NYSE:TGI) operating company Actuation Products & Services secured a multi-year contract from Sikorsky, a Lockheed Martin Corp (NYSE:LMT) company, to produce equipment for the CH-53K helicopter. Financial terms were not disclosed. The strategic follow-on contract will contribute significant work for Triumph's Seattle location. Triumph will provide all equipment for the Main Rotor…

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Benzinga

Triumph Secures Power Packs Contract From Mammoth Freighters

Triumph Group Inc's (NYSE:TGI) Actuation Products & Services operating company has been selected to supply Hydraulic Power Pack Units on Mammoth Freighters' 777 Freighter Conversion Program. Financial terms were not disclosed. Triumph noted that its cost-effective solution uniquely fulfills Mammoth's cargo door power generation needs. Triumph said it is well-positioned to support Mammoth…

Benzinga

Triumph Group Clocks 25% Decline In Q3 Revenue, Lags Street View

Triumph Group Inc (NYSE:TGI) reported a third-quarter sales decline of 25.1% year-over-year to $319.25 million, -5% Y/Y on an organic basis, which missed the consensus of $374.28 million. The operating income increased to $28.19 million compared to the loss of $(34.97) million a year ago, and the margin recovered to 8.8% from -8.2%.…

Benzinga

Aerotrax Inks MoU With Triumph On MRO Service Management System

Aerotrax Technologies, Inc. has signed a Memorandum of Understanding with Triumph Group Inc (NYSE:TGI) to commercially pilot the Aerotrax Maintenance, Repair, and Overhaul (MRO) Service Management System. Aerotrax is an enterprise software company focused on digitally tracking the entire lifecycle of every plane. The engagement will use Aerotrax's proprietary blockchain-based digital infrastructure to execute…

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