Sales
This section brings together all our editorial coverage related to sales performance, revenue growth, and commercial strategy across the UK foodservice sector. From quarterly trading updates and like-for-like sales trends to group-level reporting and market analysis, we provide restaurant operators, pub groups, catering firms, and F&B executives with timely insights into what’s driving turnover, and what’s dragging it down. Whether you manage a single site or a national portfolio, our sales reporting is geared to help hospitality leaders benchmark performance, identify consumer trends, and shape strategies that drive sustainable growth in a volatile trading environment.
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Aug- 2024 -28 AugustCatering Companies
Contract caterers achieve 10% sales growth in Q2
Contract caterers saw sales rise by 10% in Q2, marking its 13th quarter of growth in a row and an improvement rate of 7% recorded in the first quarter of this year, according to CGA by NIQ and Bidfood. Meanwhile, growth in moving annual total (MAT) sales – compared to…
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27 AugustNews
Today’s news in brief – 27/08/24
Hydes has reported a “record” turnover of £39.3m for the year ended 31 March, when its overall pre-tax profits also rose from £2.3m to £2.6m. The family-owned business has attributed its performance to investing in refurbishments, the opening of a landmark site on the Wirral, and the growth of contract…
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27 AugustPubs and Bars
Hydes achieves ‘record’ FY turnover of £39.3m
Brewer and pub chain, Hydes, has reported that its turnover rose £5m to £39.3m for the year ended 31 March. Hydes also saw its overall pre-tax profits rise from £2.3m to £2.6m during the period. The family-owned business has attributed its “record” results to its investment in refurbishments, the opening…
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27 AugustBreweries and Distilleries
Brakspear’s FY turnover jumps 9% to £38.6m
JT Davies and Sons Holdings Limited, the parent company of Brakspear, has reported a 9% increase in turnover to £38.6m for the year ending 31 December 2023 against 2022, with an expected reduction in profitability. Underlying EBITDA was reported as £10.9m, slightly lower than the £11.2m reported for 2022 when…
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27 AugustPubs and Bars
Drinks sales dip 1% amid civic unrest and patchy weather
Drink sales in managed venues recorded a 1% drop in the seven days to 17 August 2024, according to CGA by NIQ’s latest Daily Drinks Tracker. This is the third year-on-year drop in four weeks in the wake of civic unrest and patchy weather. The heatwave led to year-on-year growth…
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22 AugustNews
Today’s news in brief – 22/08/24
Punch Pubs and Co has named Andy Spencer its new CEO, effective from 27 September. It comes after current CEO Clive Chesser will be moving on to the same role at the Pure Gym Group after six years at the pub operator. Spencer has over 20 years of experience in…
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22 AugustCafes and Coffee Shops
Boston Tea Party FY sales fall 5% to £21.7m
Independent café group, Boston Tea Party, has reported a 5% drop in net sales to £21.7m from £22.9m during the year to 18 October 2023. The company has attributed its performance to the long-term negative effects on the high street, post-pandemic changes to work patterns which have impacted footfall, as…
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22 AugustPubs and Bars
Punch Pubs and Co appoints Andy Spencer as CEO
UK pub group Punch Pubs and Co has announced the appointment of current chief operating officer Andy Spencer to the role of chief executive officer. Spencer will assume the role of CEO on 27 September, succeeding current CEO Clive Chesser who is stepping down after six successful years to become…
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21 AugustCatering Companies
Sodexo Live secures five-year contract with Nottingham Forest FC
Sodexo Live has secured a five-year contract with Nottingham Forest Football Club, which will see it deliver an enhanced hospitality and retail experience at the City Ground, as well as non-match day sales, marketing and event delivery. This latest partnership reinforces Sodexo Live’s presence in the Premier League. Sodexo Live…
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21 AugustPubs and Bars
UK hospitality groups report 1.5% YoY growth in July
Britain’s top hospitality groups achieved year-on-year growth of 1.5% in July 2024, down from June’s rate of 2.9%, according to the latest CGA RSM Hospitality Business Tracker. As July started with the peak of the 2024 Euros, including the quarter, semi-final and final games, Britain’s pubs experienced like-for-like growth of…
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