Caffè Nero trading at 112% of pre-pandemic levels

Caffè Nero has announced that trading for the three months ended 31 May were “robust” as like-for-like sales grew, taking sales to 112% of 2019 pre-pandemic levels. 

This comes as, in the UK, over 32% of all of the company’s transactions take place via its mobile app, with more than two million people now using it in the UK. 

Meanwhile, the group also expanded its delivery sales in the UK during the three months to the end of May, netting a sales growth of 63.3% compared with the same period in 2022. 

During the same period, the company also opened an additional 23 stores across its operating territories, with seven of those being opened in the UK. 

In addition, the Nero Group also continued a major refurbishment programme, which initially upgraded 200 stores across the company during the past year. 

140 of those refurbishments were in the UK, while a further 180 stores are scheduled for refurbishments during the next financial year as the group continues to upgrade its estate. 

Gerry Ford, founder and CEO of Caffè Nero, said: “The UK saw strong coffee sales, including our very successful single origin range. Our continued growth of delivery sales is also hugely encouraging. 

“Despite difficult market conditions and inflationary costs still being challenging, the Caffè Nero brand has traction and is moving forward. With our new store opening programme and exciting product launches ahead, combined with clear customer demand for the brand, I’m confident we will have a strong summer and autumn.”