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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Jan- 2024 -18 JanuaryPubs and Bars
Young’s reports 9.0% rise in revenues
Young’s and Co Brewery has reported a 9.0% increase in managed revenues and 7.2% increase in like-for-like sales for the five-week Christmas and New Year period ending 1 January 2024. Additionally, its total managed revenue rose 6.9% and 4.7% on a like-for-like basis for the 13 weeks ended 1 January…
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15 JanuaryFeatures
Why are insolvencies more likely to affect the hospitality sector?
According to PwC’s outlook for 2024, there will be a significant rise in corporate insolvencies in 2024, just shy of 30,000 with smaller businesses accounting for the lion’s share. However, it further added that industries most impacted are likely to be hotels and catering, along with manufacturing, and transport and…
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15 JanuaryPubs and Bars
Drake and Morgan delivers record Christmas
Drake and Morgan has announced record festive trading with like-for-like sales up 31.7% against the same period in 2022. This trading followed “record” Christmas bookings which were up more than 20% on last year across its whole estate. Despite this, the company saw its adjusted EBITDA fall to £4.1m for…
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12 JanuaryPubs and Bars
Nightcap revenues jump 65.7% amid bumper Christmas trading
Nightcap has revealed that group revenues jumped to £7.4m during the four-week period ended 31 December 2023, spelling a 65.7% rise compared with the same period last year. As a result, Nightcap’s revenues for the entire of December 2023 were the largest monthly revenues in its nearly three-year history since…
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11 JanuaryNews
Today’s news in brief – 11/01/24
Arc Inspirations has reported record sales for December 2023, as like-for-like sales increased by 19.9% compared with the same period last year. The news comes as like-for-like sales at BOX rose by 30%, 24% at Manahatta and 10% at Banyan, while recent openings in Nottingham, Sheffield and Birmingham all significantly…
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11 JanuaryNews
D&D London sees double-digit sales growth across sites in December
Restaurant group D&D London has reported double-digit revenue growth across its restaurants for the month of December. For the six weeks to 31 December, this was achieved across a number of restaurants, including Skylon and Madison with a 13% growth, Butlers Wharf Chophouse increased by 18%, New Street Warehouse by…
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4 JanuaryRestaurants
Mission Mars reports ‘record’ LFL sales during festive season
Mission Mars has reported “record” sales of £10.0m, up 38% during the festive period (27 November to 31 December 2023). Its group like-for-like (LFL) sales also increased by 18% versus the same five-week period in the prior year (2022). Mission Mars, which owns both the Rudy’s Pizza Napoletana and Albert’s…
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3 JanuaryNews
Seven Dials Market to welcome new food traders in January
KERB, a hospitality organisation founded in 2012, has announced that Seven Dials Market is parting ways with four of its most lucrative traders in order to provide opportunity for new food talent. Having built credible reputations supported by KERB and its trading opportunities, the four members – Truffle, Club Mexicana,…
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Dec- 2023 -19 DecemberFood and Drink
Knoops revenues jump 67% to £4.43m in FY23
Knoops, the retailer of crafted chocolate drinks, has reported a revenue increase of 67% to £4.43m for the year ended on 30 September. Operating EBITDA for the group was up 206% to £269k, compared with £87k in 2022. Online sales were also up 48% on a like-for-like basis, with 63%…
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12 DecemberNews
Shake Shack CEO to retire in 2024
Shake Shack has announced that Randy Garutti, the company’s chief executive officer for more than two decades, will retire in 2024 upon the selection of his successor. He will continue to lead the company as its CEO and as an executive board member through that time. The company intends to…
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