Shares of Whitbread PLC (LON: WTB) are trading around 4.5% lower in London after the Premier Inn owner said its sales declined around 80% in the last quarter. Whitbread stock price has now erased gains from the last two days. Fundamental analysis: Troubling past quarter, optimistic outlook Whitbread, the owner of Beefeater and Premier Inn hotel chains, said its sales declined 79.4% in March, April and May when the government introduced lockdown measures to prevent further COVID-19 outbreak. Almost all hotels and restaurants owned by Whitbread were closed starting from the end of May. Still, the firm’s management has witnessed
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