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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Mar- 2023 -10 MarchFeatures
Pulling back the curtain on Eataly London
Can you tell us a little bit about your career and how you ended up working for Eataly? After spending a few years in accounting, consultancy and insurance, I was looking for a new challenge in the hospitality sector. My journey with Eataly began in 2016 when I joined the…
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Feb- 2023 -23 FebruaryBusiness
Third of hospitality firms at risk of going under, says UKH
UKHospitality has revealed that 32% of hospitality firms are at risk of failure within the next year, despite hospitality sales in 2022 surpassing pre-Covid levels. The hospitality association said this is because sales remain “significantly behind 2019” in real terms due to inflation. The UKHospitality Quarterly Tracker, in association with…
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16 FebruaryFood and Drink
SSP Group UK trading hit by rail strikes in Q1
SSP Group has seen its UK sales performance weakened by rail strikes in the first quarter of FY23, as revenues hit only 83% of 2019 levels at £215m. Its overall Q1 performance in the region reflected both the seasonally higher weighting of rail and the impact of more industrial action…
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3 FebruaryPubs and Bars
Little Door and Co reports £1.3m December sales
House party-inspired late night bar and restaurant Little Door and Co has announced that it saw £1.3m of sales in December 2022, a record for the company. Overall revenue for the company was up 166% in December compared with the previous year. The company’s only Central London venue,The Little Scarlet…
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Jan- 2023 -30 JanuaryFeatures
Dining out on success: The rebound of seated dining numbers
At the start of the year Opentable released its study into the nation’s dining habits for 2022. In it the company found that seated dining numbers had risen dramatically on the back of the end of lockdown restrictions. Robin Chiang discusses why this happened and how Opentable went about collecting…
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30 JanuaryBeverages
Caffe Nero sales hit £150m in H1
Coffee shop chain Caffe Nero has announced sales of £150m for the first half of FY23. This number is an increase of 104% compared with pre-pandemic levels and an increase of 17% compared with the same period in FY22. The company also announced that its sales in December 2022 were…
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18 JanuaryPubs and Bars
Revolution Bars issues profit warning amid temporary closure plans
Bar group Revolution has announced that it will close some sites on Mondays and Tuesdays in January and early February in an attempt to save on energy bills. The announcement came in a trading update delivered to investors in which it reduced its EBITDA guidance for the full year and…
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11 JanuaryPubs and Bars
Nightcap hails ‘record’ Q2 results despite rail strikes
Nightcap has welcomed “record” trading in its latest quarter, with revenues up by 60.9% to £12.9m and like-for-like sales up by 4.7%, despite rail strikes impacting hospitality over the period. Group revenue for the month of December 2022 was £5.9m, a 71.8% increase compared to the £3.4m reported in December…
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9 JanuaryRestaurants
Tortilla revenues rise 20% in FY22
Tortilla has seen group revenue rocket 20% to £57.7m in FY22, up from £48.1m the prior year, as it welcomed a “highly resilient” performance despite macroeconomic challenges. UK like-for-like sales were up by 16.4% against FY19, as trading was boosted by a net increase of 18 sites in the period,…
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Dec- 2022 -7 DecemberPubs and Bars
M&B profits hit £240m in FY22
The operator of managed restaurants and pubs, Mitchells and Butlers, has achieved an adjusted operating profit of £240m for the 52 weeks ending 24 September 2022, compared to only £29m the previous financial year. M&B reports that its profits have “broadly” recovered to pre-pandemic levels, excluding the impact of energy…
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