Cooks Coffee’s UK&I store sales soar 33% to £35m in FY25
Meanwhile, net revenues excluding Dairygold store sales were NZ$6m (£2.6m) which was 28% up on FY24
Café chain Cooks Coffee has reported that its total franchisee store sales in the UK and Ireland have jumped 33% to NZ$79.6m (£35.1m) in the year to 31 March.
Group revenues, which have been “highly” correlated to store sales, also rose 49% to NZ$7m (£3.09m). This includes NZ$1m (£440k) worth of sales through the Dairygold stores for the 3.5 months from mid-December in 2024.
Meanwhile, net revenues excluding Dairygold store sales were NZ$6m (£2.6m) which was 28% up on FY24.
The group’s EBITDA for the financial year saw exponential growth of 316.7% to NZ$1.4m (£620k), from NZ$336k (£148k) in FY24.
It comes as the group’s brand, Esquires Coffee, saw its UK sales rise 38% to NZ$55.6 (£24.5m), compared to the industry average of 9%.
Esquires Coffee’s Irish store sales also rose by 22% to NZ$24.1m (£10.6m) during the period, which is above the industry growth of 1% in Ireland.
As of 31 March 2025, Cooks Coffee has a portfolio of 89 sites in the UK and Ireland, an increase from 73 in FY24.
The network currently includes 93 stores in the UK and Ireland as of 27 May.
Keith Jackson, executive chairman of Cooks Coffee, said: “FY25 has marked a pivotal step forward for our business, we have not only delivered strong financial results but also outperformed the broader industry by a significant margin. These results reflect the strength of our franchise model, our focus on community-driven locations like market towns and suburban hubs, and our commitment to quality.
“The focus on market towns, housing developments and suburban locations has been an important contributor along with the focus on organic coffee products and an enhanced food offering with local sourcing where possible, delivered by local owners of the franchised stores.”
He added: “With 93 stores open as of late May, we are well on track toward our goal of 300 stores by 2034. Coupled with our new banking arrangement with BNZ, which has reduced interest costs and strengthened our capital structure, we are entering the new financial year with strong momentum and confidence in our long-term growth strategy.”
