Revolution Bars

Coverage focuses on the trading performance, estate strategy, and brand evolution of a leading UK late-night and bar-focused operator, including Revolution, Revolución de Cuba, and Founders & Co. Reporting includes updates on city-centre refurbishments, repositioning toward daytime and food-led trade, operational cost management, and responses to inflationary pressures. Insight is geared toward operators tracking drink-led venue models, student and young professional audiences, and hybrid bar-restaurant formats.

  • May- 2024 -
    29 May
    Pubs and BarsRevolution Bars rejects ‘highly conditional’ Nightcap offer

    Revolution Bars rejects ‘highly conditional’ Nightcap offer

    Revolution Bars Group, which operates the Revolucion de Cuba and Peach Pubs brands, has rejected Nightcap’s non-binding proposal yesterday (28 May).  According to the group’s update on the matter, the deal was rejected because Nightcap’s offer was “highly conditional” and required Revolution Bars to proceed with the restructuring plan but…

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  • 3 May
    NewsToday’s news in brief – 03/05/24

    Today’s news in brief – 03/05/24

    Yum! Brands reported a 3% decline in revenue to $1.5bn (£1.1bn) for Q1. Operating profit for the group also declined by 1% to $520m (£414m), while core operating profit grew 6%. KFC revenues declined by 8% to $632m (£503m), while sales for the division declined 4% to $105m (£83m).  Nightcap…

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  • 3 May
    Pubs and BarsNightcap

    Nightcap quells Revolution Bars acquisition rumours

    Nightcap has released a response to speculation that it is planning to acquire Revolution Bars Group, following its documented struggles with debt.  Early in April, Revolution Bars suspended trading of its shares on AIM after it failed to publish its yearly fiscal results. Rob Pitcher, the CEO of Revolution Bars,…

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  • Apr- 2024 -
    11 April
    NewsToday’s news in brief – 11/04/24

    Today’s news in brief – 11/04/24

    Revolution Bars Group has unveiled a restructuring plan as sales rose 8.3% to £82.3m for the 26-week period ending 30 December 2023. Group like-for-like sales for the four weeks from 4 to 31 December 2023 were up 9%, the best festive period since 2019. Despite a strong festive trading period,…

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  • 11 April
    NewsRevolution Bars Group unveils restructuring plan as sales rise 8.3%

    Revolution Bars Group unveils restructuring plan as sales rise 8.3%

    Revolution Bars Group has unveiled a restructuring proposal while also revealing an 8.3% boost in sales to £82.3m for the 26-week period ending 30 December 2023. Group like-for-like sales for the four weeks from 4 to 31 December 2023 were up 9%, the best festive period since 2019. LFL sales…

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  • 2 April
    NewsToday’s news in brief – 02/04/24

    Today’s news in brief – 02/04/24

    Revolution Bars shares have been suspended after it failed to produce interim results. It follows the closure of eight Revolution bars across England in January with the company blaming the cost of living crisis. The group confirmed it was in talks with shareholders and investors, including hospitality entrepreneur Luke Johnson,…

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  • 2 April
    Pubs and BarsRevolution Bars shares suspended amid uncertain future

    Revolution Bars shares suspended amid uncertain future

    Revolution Bars has had its shares suspended from trading on AIM after it failed to produce its interim financial results. The company was required to publish its results by 30 March 2023 but was unable to do so. It follows the closure of eight Revolution bars across England in January…

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  • Jan- 2024 -
    5 January
    NewsToday’s news in brief – 05/01/24

    Today’s news in brief – 05/01/24

    The latest round of strikes from RMT members on the London Underground could cost hospitality businesses up to £50m, according to UKHospitality. Staff on the tube will go on strike between 7 January and 11 January and disruption will last from the evening of 6 January until midday on the…

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  • 5 January
    NewsRevolution Bars Group to close eight sites

    Revolution Bars Group to close eight sites

    Revolution Bars Group, trading mainly under the Revolution, Revolución de Cuba and Peach Pubs brands, has announced the closure of eight sites despite a 9% like-for-like sales increase for the four weeks from 4 to 31 December. Revolución de Cuba and Peach Pubs performed well, and whilst the Revolution brand…

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  • Oct- 2023 -
    17 October
    NewsToday’s news in brief – 17/10/23

    Today’s news in brief – 17/10/23

    Revolution Bars Group reported a pre-tax loss of £22.2m in FY23, despite achieving revenues of £152.6m due to challenging times. The acquisition of Peach Pubs, with 14.1% like-for-like sales growth, provided diversification but couldn’t offset an 8.7% decline in like-for-like sales for the entire group. EBITDA fell to £17m, compared…

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