Marston’s sales rise 3% in Q1 despite poor weather
The two weeks which included Christmas Eve, Christmas Day, Boxing Day, New Year’s Eve and New Year’s Day saw like-for-like sales rise 11.1%
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Marston’s has expressed confidence in delivering FY25 market expectations, as total sales rose 3% across managed and partnership pubs for the 16-week period to 18 January.
Like-for-like sales during the same period also rose 2%, reflecting “strong” trading over the festive period offset by poor weather conditions in November and January.
The two weeks which included Christmas Eve, Christmas Day, Boxing Day, New Year’s Eve and New Year’s Day saw like-for-like sales rise 11.1%.
Justin Platt, CEO of Marston’s, said: “I am pleased to report a solid first quarter performance for Marston’s, with a particularly strong key festive trading period, achieving record sales on Christmas Day.
“We are excited for the year ahead as we build on this performance through the successful execution of our refocused strategy, driving revenue growth through event driven marketing and the roll out of our differentiated pub formats.”
He added: “We remain well placed to deliver FY25 market expectations and the guidance set out at our October 2024 Capital Markets Day.”
