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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Nov- 2023 -14 NovemberNews
Today’s news in brief – 14/11/23
UK pubs and bars saw a 7% source in average drinks sales in the week ending 4 November, driven by Halloween, Bonfire Night, and major sporting events. This performance, the best since September, follows a flat second half of October due to adverse weather. All drink categories, including cider, beer,…
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14 NovemberNews
Joe & the Juice acquired by General Atlantic
General Atlantic, a leading global investor, has announced it has entered into an agreement to acquire Joe and the Juice, a fast-growing freshly-made juice, coffee, and sandwiches concept, from Valedo Partners. General Atlantic first partnered with Joe and the Juice through a strategic minority growth investment in 2016. Since this…
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10 NovemberNews
Today’s news in brief – 10/11/23
Krispy Kreme reported net revenues of $407.4m (£333m) in Q3, marking a 7.9% increase compared with the same quarter in 2022. The international segment saw a 15.4% growth in net revenue. The company reported a GAAP net loss of $40.3m (£32.9m) for the quarter. Adjusted EBITDA in the quarter grew…
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10 NovemberNews
Krispy Kreme revenues hit $407.4m in Q3
Krispy Kreme reported net revenues of $407.4m (£333m) in Q3 2023, a 7.9% increase compared with Q3 2022. Total company organic revenues grew 9.6% in the quarter, led by the US, which delivered 10.2% organic growth in the quarter driven by growth across all sales channels, including delivered fresh daily…
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3 NovemberNews
Starbucks net revenues rise 11% to $36bn in FY23
Starbucks has announced that net revenue increase of 11% to $35.9bn (£29.4bn) for the full year ended on 1 October 2023. Global comparable store sales increased overall 8%. North America comparable store sales increased 9%, while international sales 5%. Operating income for the full year increased by 27% to $5.8bn…
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Oct- 2023 -27 OctoberNews
Punch Pubs revenues increase to £313.5m in FY23
Punch Pubs has today (27 October) announced total revenues of £313.5m for FY23, up from £284.4m in FY22. Over the 52 week period Management Partnership revenue has increased 24% from £112.8m to £139.8m. All three divisions for the group – leased and tenanted, management partnership and laine – delivered like-for-like…
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18 OctoberNews
Today’s news in brief – 18/10/23
Just Eat has increased its full-year guidance following a return to sales growth in Q3. Gross transaction value in Northern Europe and UK&I grew by 6% and 4%, respectively. However, North America saw a slower trajectory with an 18% decrease in GTV.In response to the overall GTV growth, Just Eat…
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18 OctoberNews
HOSPA announces line-up ahead of annual industry conference
HOSPA, the Hospitality Professionals Association, has announced the line-up of industry experts ahead of its annual HOSPACE conference in November. Taking place at Royal Lancaster London on 16 November, HOSPA will play host to an array of discussions and insightful workshops addressing a range of topics, such as the rapid…
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17 OctoberNews
Today’s news in brief – 17/10/23
Revolution Bars Group reported a pre-tax loss of £22.2m in FY23, despite achieving revenues of £152.6m due to challenging times. The acquisition of Peach Pubs, with 14.1% like-for-like sales growth, provided diversification but couldn’t offset an 8.7% decline in like-for-like sales for the entire group. EBITDA fell to £17m, compared…
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17 OctoberNews
Revolution Bars falls to £22.2m loss amid challenging trading
Revolution Bars Group, a leading UK operator of 67 premium bars and 22 gastro pubs, has reported a £22.2m loss before tax in FY23, despite revenues hitting £152.6m, as it faced “very challenging times”. Peach Pubs, which was acquired by the business in October 2022, delivered 14.1% LFL sales in…
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