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.
-
May- 2024 -3 MayFood and Drink
Yum! Brands revenues dip 3% to $1.5bn in Q1
Yum! Brands, which operates KFC, Taco Bell and Pizza Hut, reported a 3% decline in revenue to $1.5bn (£1.1bn) for the first quarter ended 31 March. Operating profit for the group also declined by 1% to $520m (£414m), while core operating profit grew 6%. KFC revenues declined by 8% to…
Read More » -
3 MayPubs and Bars
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,…
Read More » -
2 MayNews
Today’s news in brief – 02/05/24
Starbucks net revenues declined 2% to $8.6bn (£6.8bn) during Q2. The group’s global sales also declined 4% during the period, with North America and US comparable store sales declining 3%, while international sales declining 6%. Net revenues for the International segment declined 5% in Q2 FY24, primarily driven by an…
Read More » -
2 MayCafes and Coffee Shops
Starbucks revenues dip 2% to $8.6bn in Q2
Starbucks net revenues declined 2% to $8.6bn (£6.8bn) during the 13 weeks ended 31 March. The group’s global sales also declined 4% during the period, with North America and US comparable store sales declining 3%, while international sales declining 6%. Net revenues for the North America segment of $6.4bn (£5.1bn)…
Read More » -
2 MayFood and Drink
Domino’s Q1 in line with expectations despite ‘slow’ January
Domino’s has revealed in a trading update that Q1 performance is in line with expectations, as it experienced positive like-for-like sales and total orders across February and March after a “slow” January. While like-for-like sales are down 0.5% on the same period last year, Domino’s Q1 like-for-like sales increased 8.4%…
Read More » -
Apr- 2024 -30 AprilNews
Greene King opens 50th Hive Pub
Greene King Pub Partners has opened its 50 Hive Pub, The Robert Kett in Wymondham, Norfolk. Greene King Pub Partners’ Hive Pubs franchise offer first launched in late 2021, meaning the Hive Pubs franchise concept has grown to 50 pubs in less than three years. Earlier this year, Greene King…
Read More » -
30 AprilPubs and Bars
Punch Pubs expands portfolio with acquisition of 24 pubs
Punch Pubs and Co has completed the acquisition of the Milton 3 portfolio, adding 24 pubs to the Burton-based, independent pub company’s 1,300-strong portfolio. The pubs are located in the North East and Yorkshire, including The Black Bull in Morpeth, The Cross Keys in Washington, and The New Inn in…
Read More » -
30 AprilFood and Drink
Foodservice price inflation below 10% for first time since 2022
Foodservice price inflation has fallen below 10% for the first time in two years, according to data from CGA. This comes after a 1.4% decline in foodservice price inflation in March, the largest month-on-month decline ever recorded by the Foodservice Price Index. The softening of inflation has also been seen…
Read More » -
30 AprilBusiness
St Austell Brewery and Rick Stein Group unveil partnership
St Austell Brewery has signed a three-year deal with the Rick Stein Restaurant Group, to supply its beer in Rick Stein locations. This comes as the two Cornwall-born businesses have had close working relationships for many years, with the Stein family having run St Austell Brewery’s The Cornish Arms in…
Read More » -
29 AprilNews
Today’s news in brief – 29/04/24
Chipotle’s revenues rose 14.1% to $2.7bn (£2.3m) during Q1 ended 31 March. The group has attributed its performance to sales increasing 7% due to transactions growing by more than 5% as margins expanded, as it opened 47 new restaurants. For the remainder of 2024, Chipotle is anticipating full-year comparable restaurant…
Read More »
