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.
-
Jul- 2022 -4 JulyNews
John Lewis launch chef academy to help hospitality sector
John Lewis Partnership (the Partnership) has launched its own Chef Academy to help address the current shortage of qualified chefs in the UK A joint survey released last week by UKHospitality, the British Institute of Innkeeping, and the British Beer and Pub Association, revealed that staff shortages in the hospitality…
Read More » -
4 JulyCafes and Coffee Shops
Pret H1 revenues surge 230% to £357.8m
Pret A Manger has reported that its half year (H1) revenues in 2022 has grown by 230% year-on-year to £357.8m, up from £155.4m in H1 2021, and up by 160% from £223.4m in 2020. May saw revenues across the UK surpass 2019 levels for the first time, with “particularly strong”…
Read More » -
Jun- 2022 -24 JuneRestaurants
Canteen Collective launches £400,000 investment round to aid expansion
Canteen Collective, a hospitality group with a focus on sustainability, has launched a £400,000 investment round to “help drive forward its ambitious growth plans”. The London-headquartered business, which is on target to turnover £2.5m this year, has said it is set to more than double its revenues by 2025 as…
Read More » -
8 JunePeople
Mollie’s appoints new head of sales
Mollie’s, the fast-growing “hotel and diner concept” with locations in Oxford and Bristol, has appointed Lindsey Williams as head of sales for the South West region. This will span both properties and future earmarked local expansions. In her new role as head of sales, Williams will “apply her 25 years’…
Read More » -
1 JuneBreweries and Distilleries
Brewdog losses narrow as revenues hit £286m
Brewdog has reported its revenues surged 21% year-on-year from £238m to £286m in the year ended 31 December 2021, amid growing UK sales and market share growth despite pandemic restrictions being in place for much of the year. Operating losses for the Scottish brewer and bar operator also narrowed to…
Read More » -
May- 2022 -30 MayRestaurants
Comptoir Group revenue soars 67% in FY21
The Comptoir Group has seen group revenues rocket 66.9% to £20.7m in the year ended 31 December 2021, up from the £12.4m reported in 2020. As trading returned over the year, gross profit was up by £7.1m to £16.9m up by £7.1m, up from £9/8m the prior year when trading…
Read More » -
26 MayRestaurants
Fridays owner set to double estate despite profit warning
Hostmore is set to expand its portfolio with the addition of three new sites in FY22, as it outlined its ambition to almost double its site locations from the current 89 over the medium term, subject to an improved trading environment. The owner of Fridays and 63rd+1st said this growth…
Read More » -
24 MayRestaurants
Tortilla acquires Chilango in £2.75m deal
Tortilla, the fast-casual Mexican restaurant group, has announced the acquisition of Chilango Limited for a total consideration of up to £2.75m from investment firm RDCP Group Ltd. Chilango is a fast-casual restaurant chain specialising in Mexican food including burritos, salads and tacos. The business operates from an estate of eight…
Read More » -
17 MayPubs and Bars
C&C to sell stake in Admiral Taverns for £55m
Drinks company C&C Group has announced the sale of its entire minority interest in Admiral Taverns to Proprium Capital Partners, with whom it originally invested into Admiral Taverns in September 2017, in a deal worth £55m. It also confirmed the sale of the shares will be completed and consideration will…
Read More » -
13 MayFood and Drink
Wendy’s sees Q1 profits fall by almost 10%
Wendy’s has reported that its operating profit dropped 9.9% to $74.9m (£61.46m) in the first quarter of FY22, compared to $83.1m (£68.19m) in the same period last year, due to higher general and administrative expenses and a decrease in the company-operated restaurant margin. Wendy’s company-operated restaurant margin fell 5.4% to…
Read More »
