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Revolution Bars Group has revealed that it has experienced “excellent” trading so far this year in a Q1 update.
In the period from 19 July 2021 to 2 October 2021 the group said its sites experienced “strong demand” delivering a same site sales growth of 17% when compared to pre-Covid trading.
The 56 sites in England, which had no restrictions over this period, traded at 21% higher than two years ago, which was “well ahead” of the company’s expectations for this period.
Whilst confident in the outlook for the business in the current trading environment, the board said it remains “cautious” of the potential impact of an escalation of Covid-19 and any associated restrictions on the business in the upcoming key trading months, including Corporate Christmas parties.
Rob Pitcher, CEO of Revolution Bars Group said: “We spent the lockdown periods working extremely hard to refine and enhance our brand propositions with a key focus on heightening guest experience.
“As a result, it is extremely encouraging to see we have capitalised on the pent up demand we predicted, which has been reflected in excellent trading so far this year. We are therefore confident in the Group’s outlook assuming that there are no further restrictions on our ability to trade.”
