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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Apr- 2024 -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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Feb- 2024 -29 FebruaryRestaurants
Welcome Break becomes largest Chopstix franchisee
Welcome Break has become the largest Chopstix franchisee after opening its third store in three months. The new food court unit, in Corley South (M6) services in Warwickshire, opens this week and becomes Welcome Break’s 16th Chopstix site. Corley will follow highly successful openings at the end of 2023 in…
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21 FebruaryAdvice
How hospitality businesses can survive in 2024
2024 has only just begun, and we’ve already witnessed a spate of small business closures across the hospitality sector. With the winding up of independent businesses across England, Wales and Scotland, questions have again been raised about the amount of governmental support available to one of the UK’s most beloved…
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15 FebruaryNews
Knoops revenues up 23% since Christmas
Chocolate drinks expert Knoops has reported a 23% revenue increase on a LFL basis for the start of the year. In addition to over-the-counter, barista-prepared drinks, sales of chocolate flakes in stores are continuing to perform strongly – also up 23% LFL. Online sales in January were up 163% on…
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12 FebruaryNews
Azzurri Group revenues hit £258m in FY23
Azzurri Group has reported a 9% revenue increase to £258m for FY23 which ended on 30 June. The group – which owns Zizzi, Ask Italian and Coco di Mama – reported “strong” trading performance by all brands, with increases in volume and spend per head. EBITDA was also up 21%…
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8 FebruaryNews
Hawksmoor revenues jump 20% to £90m in 2023
British steak restaurant company Hawksmoor has announced a revenue increase of 20% to £90m, with its established restaurants delivering EBITDA margins in excess of 20%. In 2023 the company opened another international restaurant – Hawksmoor Dublin opened in May, hitting weekly sales highs in excess of €230k (£196k) – and…
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7 FebruaryPubs and Bars
Liberation Group revenues hit £140m
Liberation Group, a privately owned premium pub operator and brewing group, has reported a “record” performance for the year ended 27 January 2024, as its total group revenues were up 22.5% to £140m versus the same period last year. With sites stretching from Mayfair in London to St Aubin in…
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