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 -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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6 DecemberNews
Today’s news in brief – 06/12/23
SSP reported a 38% rise in revenues to £3bn and doubled its EBITDA during FY23. This success was fueled by revenue growth and profit conversion, with a notable 25% H2 revenues increase on a constant currency basis. While North America, APAC, and EMEA regions contributed strongly, the UK and Europe…
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6 DecemberPubs and Bars
Drake and Morgan EBITDA slides amid ‘record’ xmas bookings
Drake and Morgan has seen its adjusted EBITDA fall to £4.1m for the year ended 26 March 2023, down from £5m in the same period last year. However, the company saw its turnover increase to £43.3m up from the £35.9m it posted last year. The company put the EBITDA fall…
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6 DecemberFood and Drink
SSP Group revenues hit £3bn in FY23
SSP Group revenues rose 38% to £3bn for the full year ended 30 September, as EBITDA doubled to £280m compared with last year. The group attributed its performance to strong revenue growth and profit conversion, with H2 revenues growing by 25% on a constant currency basis. While the group saw…
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5 DecemberNews
Today’s news in brief – 05/12/23
Marston’s swung to a £30.7m loss despite revenues rising 9.1% to £872.3m, due to interest rate hikes and property valuations. Yet, with optimistic Christmas bookings, the pub chain noted encouraging revenue figures. Meanwhile, the group has appointed a new CEO, Justin Platt, effective 10 January. The group’s focus is on…
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5 DecemberPubs and Bars
Marston’s falls to £20.7m loss despite strong revenues
Pub chain Marston’s has fallen to a £20.7m loss despite reporting a 9.1% increase in revenues to £872.3m for the 52 weeks ending 30 September 2023. The loss comes in the face of a £163.4m profit a year earlier with the pub group attributing the performance to being hit by…
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