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Stock impact report

Workers heading back to the office on Mondays, caterer Compass says [Reuters]

COMPASS GROUP SP/ADR (CMPGY) 
NASDAQ:AMEX Investor Relations: compass-group.com/en/investors.html
Company Research Source: Reuters
May 15 (Reuters) - Mondays are now as busy as Thursdays in office canteens in the United States and Britain, the world's largest food catering firm Compass Group said on Wednesday. Compass, which caters to staff at companies such as Microsoft and Shell , raised its annual profit forecast on Wednesday after its half-year ended March benefited from more workers returning to offices. Many global companies including Microsoft, Amazon and Apple have hybrid working policies where employees are required to be in the office for part of the working week. Companies are trying to lure back staff using incentives such as free or subsidised food after the COVID-19 pandemic dramatically changed the way people worked. Initially, workers had been reluctant to return to the office on days either side of the weekend. But Mondays have become busier across all markets and particularly in Britain and the United States, a Compass spokesperson said. Cost-conscious workers are also spending more i Show less Read more
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