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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Jun- 2023 -6 JuneNews
Papa Johns acquires 91 DFSI sites across the UK
Papa Johns has recently announced the acquisition of restaurants previously operated by the M25 division of Drake Food Service International (DFSI) in the United Kingdom. The new corporate-owned restaurant portfolio will consist of 91 locations across London and other parts of the UK. The company sees opportunities to implement operating…
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May- 2023 -26 MayBusiness
Hospitality turnover down 14% on pre-pandemic levels
Turnover for hospitality businesses was down 14.7% in the last year compared with pre-pandemic levels when accounting for inflation. This is according to the UK Hospitality Quarterly Tracker which is created in association with CGA Strategy. The tracker shows that the revenue generated in the last 12 months is 4.1%…
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25 MayPubs and Bars
Young’s revenues hit £369m in FY22
Young’s and Co total revenues reached £368.9m in the 53 weeks ended 3 April, showing an increase of 19.4% against the prior year, while managed pub like-for-like revenue increased 12.9% on a 52-week basis. Despite facing cost headwinds, the pub group’s adjusted profit before tax was 8.1% higher at £45.2m.…
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24 MayRestaurants
SSP revenues up 64% in H1 amid travel recovery
SSP Group has revealed that revenues increased by 64.1% to £1.3bn for the six months ended 31 March, compared with £803m in the same period last year, as the group benefited from a recovery in passenger travel volumes. In addition, the group’s underlying EBITDA reached £90.5m and a free cash…
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23 MayRestaurants
Rare Restaurants posts £73.5m turnover
Rare Restaurants has posted a turnover of £73.5m for the year ended 1 January 2023, as part of record breaking results for the company. This turnover was up 38% compared with the same period in 2022 and up 29% compared with 2019. The group also posted an EBITDA before pre-opening…
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23 MayNews
Famous Brands FY revenues up 15% to £310m
South African restaurant company Famous Brands, which operates 65 restaurants in the UK, has reported revenues of R7.4bn (£310m) in FY23, a 15% increase compared to last year. The group has attributed the revenue increase to improved trading conditions across most markets thanks to the lifting of Covid restrictions. Operating…
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17 MayComment
How can the hospitality sector prepare for the busy summer months?
Despite current economic headwinds, many businesses in the hospitality sector are looking for new ways of furthering growth opportunities in the upcoming summer months. In their 2023 sector outlook, Barclaycard revealed that consumer card spending on hospitality and leisure increased 10.6% year-on-year in 2022, as the lifting of all Covid-19…
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11 MayNews
Wendy’s global sales rise by 10% to $3.3bn in Q1
Fast food chain Wendy’s has reported a 10% increase in global systemwide sales to $3.3bn (£2.6bn) during the first quarter of 2023. International systemwide sales grew by 21% to $419m (£332m), compared to $360m (£285m) for the same period last year. Revenues for the company increased by 8.2% to $528m…
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5 MayNews
Yum! Brands income falls by 25% to $300m in Q1
Yum! Brands, which operates restaurant chains KFC, Taco Bell, Pizza Hut and Habit Burger Grill, has announced that net income fell by 25% to $300m (£238m) in Q1, down from $399m (£316m) the prior year. Despite this, revenues for the brand rose by 6% to $1.6bn (£1.4bn) in the first…
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Apr- 2023 -25 AprilBusiness
Whitbread’s profits hit £413m amid strong Premier Inn performance
Premier Inn owner Whitbread Plc has reported that its annual adjusted pre-tax profit increased to £413m, for the 12 months to March 2, 2023 against a loss of £16m the previous year. The report revealed that the result topped the pre-pandemic annual profit level of £358m achieved in 2019-20. Revenue…
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