Marston’s reported a strong World Cup trading period with England matchdays delivering 22% like-for-like sales growth and Grandstand pubs up about 170% year-on-year, while newer formats like Grandstand conversions are delivering around 30% LFL growth; however, year-to-date sales are 1.6% lower due to softer off-peak conditions. The company outlined plans to accelerate investment with around 100 Grandstand conversions in FY2027, target leverage near 4x, and resume shareholder returns via buybacks as conditions allow.