Revenue
Our coverage brings together critical reporting on revenue performance across the UK hospitality and foodservice sector. We cover everything from operator trading updates and income breakdowns to revenue drivers like pricing, footfall, menu engineering, and channel diversification. Whether you’re a multi-site pub group tracking seasonal income, a restaurant CFO analysing unit economics, or a catering firm monitoring year-on-year growth, our coverage offers sharp insights into how businesses are generating, and protecting, revenue in today’s market. Expect detailed financial reporting with practical relevance for commercial foodservice leaders.
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Jul- 2024 -24 JulyNews
Today’s news in brief – 24/07/24
Tortilla saw a 5.9% drop in revenues to £31.5m in H1 ended 30 June 2024. The Mexican restaurant chain attributed this decline to its strategic decision in Q1 to condense to a dual delivery platform to improve profit conversion and increase focus on in store revenue. The group’s adjusted EBITDA…
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24 JulyRestaurants
Tortilla HY revenues fall to £31.5m
Mexican restaurant group Tortilla has reported a 5.9% drop in revenues to £31.5m for the half year ended 30 June 2024. The group attributed this decline to its strategic decision in Q1 to condense to a dual delivery platform to improve profit conversion and increase focus on in store revenue.…
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23 JulySponsored
Deliverect launches pulse to help restaurants bolster marketing intelligence
Deliverect, the leading global food tech SaaS company, today launched Pulse, a powerful marketing intelligence platform that gives restaurants the insights and tools they need to improve visibility and ROI. Pulse integrates with delivery platforms like Uber Eats, DoorDash, and Deliveroo, giving restaurants critical insights into operations and competitive intelligence…
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23 JulyPubs and Bars
Fuller’s LFL sales rise 5.3% in Q1
Fuller’s has reported that trading momentum has continued, as it delivered a strong like-for-like sales growth of 5.3% for the first 16 weeks of the year. The pubs and hotels business also revealed that its margins have recovered off the heels of inflationary pressures easing. Since the year-end, Fuller’s has…
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12 JulyNews
Today’s news in brief – 12/07/24
British pubs and bars are expected to see sales rise 50% during the Euros final, according to UKH. The boost in sales will be part of an almost billion-pound windfall from the tournament. Reaching the final also means the entire hospitality sector is set to benefit from overall sales increases…
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12 JulyRestaurants
Burger brand Hub Box bought out of administration
South-West based burger chain Hub Box has been bought out of administration and sold to South West Restaurants Limited for an undisclosed sum. The transaction will see all of Hub Box’s 10 restaurants across the South West of England continue to trade, with all of the company’s circa 300 staff…
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9 JulyNews
Today’s news in brief – 09/07/24
Loungers has achieved a record revenue growth of 24.7% to £353.5m in FY24, after opening 36 new sites during the year – seven more than in the prior year. The operator of Lounge, Cosy Club and Brightside has attributed its performance to a combination of decreasing inflationary pressures and its…
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9 JulyRestaurants
Loungers revenues rise 24.7% to £353.5m in FY24
Loungers has revealed it achieved record revenue growth of 24.7% to £353.5m for the 53-week period to 21 April, after opening 36 new sites during the year – seven more than in the prior year. During the year, the operator of Lounge, Cosy Club and Brightside dining concepts saw like-for-like…
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Jun- 2024 -24 JuneNews
Stonegate revenues hit £916m in H1
Stonegate group’s revenues reached £916m in the 28 weeks ended 7 April 2024. Adjusted H1 EBITDA for the group was up 7.7% to £196m, compared to £182m for the same period in 2023, with a particularly strong performance from L&T and operator-led businesses. During the period, the leased and tenanted…
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24 JunePubs and Bars
Young’s Pubs profits and revenues surge
Young’s Pubs has revealed its profit-before-tax has increased 9.3% to £49.4m as its revenues increased 7.4% to £388.8m on a comparable 52-week basis and 3.4% on a like-for-like basis in 2023. The pub group’s adjusted EBITDA also increased 7.8% to £92.2m and its managed house adjusted EBITDA for the period…
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