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 whatโs driving turnover, and whatโs 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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Jul- 2024 -10 JulyNews
Todayโs news in brief – 10/07/24
SSP Group will maintain its profit guidance for the year as Q3 sales rose 16%. Due to an increasing demand for leisure travel, the operator of F&B outlets in travel locations has also reported that the second half of 2024 started off well with a strong sales performance across all…
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10 JulyCatering Companies
SSP Group maintains profit guidance as Q3 sales rise 16%
The operator of F&B outlets in travel locations, SSP Group, has revealed its full-year guidance will remain unchanged as it recorded a sales rise of 16% during the third quarter to 30 June.ย It comes as the groupโs like-for-like sales grew 6% during the period off the back of its…
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9 JulyNews
Todayโs news in brief – 09/07/24
Loungers has achieved a record revenue growth of 24.7% to ยฃ353.5m in FY24, after opening 36 new sites during the year โ seven more than in the prior year. The operator of Lounge, Cosy Club and Brightside has attributed its performance to a combination of decreasing inflationary pressures and its…
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9 JulyRestaurants
Loungers revenues rise 24.7% to ยฃ353.5m in FY24
Loungers has revealed it achieved record revenue growth of 24.7% to ยฃ353.5m for the 53-week period to 21 April, after opening 36 new sites during the year โ seven more than in the prior year.ย During the year, the operator of Lounge, Cosy Club and Brightside dining concepts saw like-for-like…
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9 JulyPubs and Bars
Drinks sales rise 6% as Euros continues
Drinks sales in the UKโs managed venues rose 6% in the week ended 29 June, according to data from CGA. This upswing was mostly caused by Englandโs final group game at the European Championship vs Slovenia. The game on Tuesday 25 June saw sales rise 71% compared with the same…
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8 JulyPubs and Bars
Slug and Lettuce posts pre-tax loss of ยฃ3.1m
Slug and Lettuce has reported a pre-tax loss of ยฃ3.1m for the 12-month period to September 2023 after the bar chain initially recorded profits of ยฃ2.2m in 2022.ย Slug and Lettuce has attributed its performance to revenues inching down from ยฃ48.6m to ยฃ48.5m due to โthe impact of the macroeconomic…
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5 JulyNews
Todayโs news in brief – 05/07/24
UKH wants to see Labour โdeliver on its commitments, and quickโ after the party secured a landslide victory at the general election. Within the first 100 weeks, the trade body says hospitality needs to see reduced employer National Insurance contributions to help businesses with their staffing costs and to help…
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5 JulyGovernment
UKH: โLabour needs to deliver on its commitments, and quickโ
UKHospitality chief executive Kate Nicholls has said that โwe need to see Labour deliver on its commitments, and quick,โ after the party secured a landslide victory at the general election. The UKH boss said within the first 100 weeks, the sector needs to see reduced employer National Insurance Contributions to…
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5 JulyRestaurants
Pizza Union eyes Central London expansion
Pizza Union is โselectivelyโ searching for new sites across Central London as it has reported that sales rose 2% from ยฃ8.03m to ยฃ8.18m during the 52-week period to 31 December 2023.ย Pizza Union is currently negotiating on a few potential sites, but none are in the legal stage of completion…
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5 JulyRestaurants
Wingstop UK announces senior management changes
Lemon Pepper Holdings, the master franchisee of Wingstop UK, has announced a series of senior leadership changes. Chris Sherriff, who is currently COO, has been promoted to co-CEO, alongside Tom Grogan, who is currently co-Founder and director. Alongside this the company has appointed Matt Sheppard as COO, who was previously…
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