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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May- 2024 -3 MayFood and Drink
Yum! Brands revenues dip 3% to $1.5bn in Q1
Yum! Brands, which operates KFC, Taco Bell and Pizza Hut, reported a 3% decline in revenue to $1.5bn (£1.1bn) for the first quarter ended 31 March. Operating profit for the group also declined by 1% to $520m (£414m), while core operating profit grew 6%. KFC revenues declined by 8% to…
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Apr- 2024 -24 AprilNews
Today’s news in brief – 24/04/24
Tortilla revenues rose by 14% to £65.7m in the year to 31 December 2023, as it built on the momentum from the previous year’s record. During the period, the group opened six sites in the UK as well as one franchise site, taking the total to 87 locations. According to…
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24 AprilCafes and Coffee Shops
Redemption Roasters closes £2.7m investment fund to fuel expansion
Coffee company Redemption Roasters has closed its latest £2.7m investment round as it is set to treble revenue over the next three years to help drive expansion and increase impact in London and across the UK. With a pre-money valuation of £22m, the company is set to launch four new…
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10 AprilFood and Drink
Sessions raises £3m to expand tech offering
Sessions has raised a further £3m from existing investors Guinness Ventures, in a bid to expand on its technology offering. The news comes as the hospitality growth platform is launching a new franchise arm, starting with SoBe Burger and Ivan Ramen. Since starting operations in 2020, the Sessions platform has…
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8 AprilNews
Today’s news in brief – 08/04/24
The latest transport strike has widened hospitality revenue losses to over £5bn, according to the NTIA. News follows the recent industrial action announced by the ASLEF union and London Underground, which ran from 5 April until today (8 April) and included a six-day ban on overtime. According to Kill, the…
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8 AprilTrade Associations
Latest travel strike widens industry losses to over £5bn, NTIA says
The Night Time Industries Association’s CEO, Michael Kill, has warned that the latest transport strike action has widened hospitality sector revenue losses to more than £5bn. News follows the recent industrial action announced by the ASLEF union and London Underground, which ran from 5 April until today (8 April) and…
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4 AprilCafes and Coffee Shops
Starbucks to open 100 new sites in FY24 amid sales growth
Starbucks UK plans to open an additional 100 new sites in FY24, as total revenues rose 21.9% to £547.7m for the year to 1 October 2023. The group reported that “strong and resilient” revenue growth continued during 2023, even with challenging economic headwinds in the UK. As a result, the…
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Mar- 2024 -21 MarchNews
Today’s news in brief – 21/03/24
Shepherd Neame has reported record revenue growth of 4.3% to £89m in H1 2024. For the 26 weeks ended 23 December 2023, the group also saw its underlying EBITDA increase 5.2% to £12m and its underlying profit before tax grew by 9.9% to £3.8m. Retail like-for-like drink and food sales…
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21 MarchPubs and Bars
Shepherd Neame revenues surge to £89.0m in H1 2024
Shepherd Neame, Britain’s oldest brewer and owner and operator of 296 pubs in Kent and the Southeast has reported a record revenue growth of 4.3% to £89.0m in H1 2024. For the 26 weeks ended 23 December 2023, the group also saw its underlying EBITDA increase 5.2% to £12.0m and…
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12 MarchFood and Drink
Domino’s revenues hit £679.8m in FY23
Domino’s has seen its revenues increase 11.1% to £679.8m for the year ended on 31 December 2023. The pizza company said group revenue was driven by an increase in system sales volume, acceleration of store openings and the pass-through of increased food cost. Like-for-like sales increased 5.8% to £1.5bn meanwhile…
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