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.
-
May- 2023 -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…
Read More » -
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…
Read More » -
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…
Read More » -
21 AprilNews
Deliveroo Q1 revenues rise 4% despite fall in orders
Deliveroo has recently reported a 4% rise in revenue in its Q1 trading update, although the group saw the number of orders decline by 9%. Gross transaction value was also 1% lower in the period, which the food delivery company attributes to the continued impact of food price inflation. The…
Read More » -
20 AprilComment
Elevating guest experiences through technology and data, both on and off-premise
In an era where consumers are watching every penny more carefully, the good news is that consumers are still prioritising quality experiences and are seeking excellence in exchange for their hard-earned money. It’s crucial that restaurants are adapting to meet these new expectations given the increased competition, and operators need…
Read More » -
18 AprilNews
City Pub Group reports 63% revenue growth in FY22
The City Pub Group, which owns 43 pubs across England and Wales, has reported that revenues rose by 63% to £57.8m for the year ending in December 2022, compared to £35.4m in 2021. Like-for-like gross sales for FY22 were up by 3%, improving to 7.8% in Q4, while pre-adjusted earnings…
Read More » -
17 AprilFeatures
Saving money and raising money: Life as a hotel restaurant
Tell me a little about the history of Northcote? Northcote was established in 1983 by myself and Nigel Haworth with local businessman John Wolstenholme. It was a six-bedroom property, development in 1992 changed it to a 14 bedroom hotel,in 2013 increased to 18 and in 2014 we became 26 rooms…
Read More » -
13 AprilFeatures
Simon King: ‘I feel like I’ve got the best job in the world’
Can you tell us about your experience within hospitality? I’ve been in the industry since I was a teenager, so really my entire life. At the very beginning, I worked in country house hotels. After my A-levels, I studied Hospitality Management in Devon and then went to London in the…
Read More » -
Mar- 2023 -27 MarchNews
Tortilla Group revenues rise 20% in FY22
Tortilla Mexican Grill, one of the most successful fast-casual Mexican restaurant groups in the UK, has reported a revenue increase of 20% to £57.7m, according to its FY22 results. The increase, the group argues, is attributable to a variety of factors, including a 16.4% like-for-like revenue growth, the strategic acquisition…
Read More » -
15 MarchFood and Drink
Shake Shack to open in Clapham
Shake Shack has announced that it plans to open a new site in Clapham, London. The site in South London will be the New York based fast food joint’s 14th UK location. The new location will be on Clapham High Street and will overlook Clapham Common, one of London’s oldest…
Read More »
