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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May- 2024 -21 MayRestaurants
The Big Table Group losses widen in FY results
The Big Table Group has reported a pre-tax loss of £13.8m for the year to 29 October 2023, despite having increased its turnover from £26.1m to £31.6m. This comes after the group, which owns Café Rouge, Bella Italia, and Frankie and Benny’s, among other chains, also posted a loss of…
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20 MayNews
Today’s news in brief – 20/05/24
Drinks sales rose 13% for the week ended 11 May as warm weather emerged. Trading was well up on all seven days of the week, beginning with a 17% uplift on Bank Holiday Monday, 6 May. The sunshine made it a good week for Long Alcoholic Drinks (LAD) categories, with…
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20 MayFood and Drink
Drinks sales up 13% as sun shines on pubs
Drinks sales in the UK’s managed venues rose 13% for the week ended 11 May as the warm weather encouraged consumer demand. Trading was well up on all seven days of the week, beginning with a 17% uplift on Bank Holiday Monday, 6 May. The Bank Holiday fell in the…
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17 MayCafes and Coffee Shops
Joe and The Juice revenues jump 42% to £275.9m
Joe and The juice reported a 42% revenue increase to DKK 2.4bn (£275.9m) for the financial year 2023. For the first time in several years, the group also saw a positive operating profit (EBIT) which reached DKK 178m (£20.4m) compared to DKK -47m (-£5.4m)in 2022. The increase in operating profit…
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16 MayNews
Today’s news in brief – 16/05/24
Compass Group raised its 2024 profit guidance as revenues rose 11.2% during H1. The group also reported an 18.7% rise in underlying operating profit to £1.16bn. Moreover, it spent £294.3m on M&A, including the acquisition of Hofmann in Germany and CH&CO in the UK and Ireland completed, the latter being…
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16 MayCatering Companies
Contract caterers’ Q1 sales rise 7% despite drop in units served
Top contract caterers across the country experienced strong like-for-like sales growth of 7% for the first quarter of 2024 despite seeing a drop in the number of outlets they serve, CGA’s Contract Catering Tracker has revealed. While this shows the sector’s continued recovery from the pandemic, with this being the…
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15 MayFood and Drink
Hospitality leaders remain cautious amid rise in revenues
Britain’s hospitality leaders remain cautious amid tentative signs of improved consumer spending and relief on some costs, CGA by NIQ’s latest Business Confidence Survey reveals. The exclusive poll revealed that 34% of leaders feel confident about prospects for the hospitality market over the next 12 months—down by seven percentage points…
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14 MayNews
Today’s news in brief – 14/05/24
Marstons reported a £0.8m underlying loss before tax during H1. However, the group’s revenues increased 5.2% to £428.1m, with good momentum across food and drink sales. The pub group also recorded a 22% increase in underlying pub operating profit to £52.7m, with profit margin increasing from 10.6% to 12.3%. Various…
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14 MayPubs and Bars
Marston’s reports £0.8m loss in H1 2024
British pub operator Marston’s has reported a £0.8m underlying loss before tax for the six-month period ending 30 March 2024. However, the group’s revenues increased 5.2% to £428.1m (H1 FY2023: £407.0m), with good momentum across food and drink sales and like-for-like sales up 7.3%, outperforming the broader market. The pub…
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14 MayNews
Various Eateries sales jump 10.2% to £22.7m in H1
Various Eateries’ sales increased 10.2% to £22.7m during the 26-week period ending 31 March 2024. Group like-for-like sales were marginally down, against a backdrop of one of the wettest winters since records began and with the company maintaining its strategy of absorbing most price increases. While this strategy puts temporary…
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