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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Feb- 2024 -9 FebruaryFood and Drink
Yum Brands Q4 revenues hit $2.03bn
Yum Brands, the operator of KFC, Pizza Hut and Taco Bell, has reported that total revenues rose 1% to $2.03bn (£1.6bn) by the end of Q4, as net incomes rose 24% to $463m (£367.3m) during the period ending December 2023. The news comes as the group’s global operations saw a…
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8 FebruaryNews
Today’s news in brief – 08/02/24
UberEats revenues rose 19% year-on-year to $17bn (£13.4bn) during Q4 2023. According to the group, its total booking revenues increased by 22% year-on-year to $37.6bn (£29.8bn) during the same period. Combined mobility and delivery revenues at the company also grew 22% year-on-year to $8.7bn (£6.8bn). Star Pubs reported total sales…
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8 FebruaryPubs and Bars
Six Nations opening weekend boosts pub sales by 42%
Star Pubs, the pub arm of Heineken UK, has reported that total sales across the Six Nations opening weekend were up 42% as rugby fans flocked to their local pubs to watch live sport. With afternoon and evening games on Saturday, the data suggested that punters chose to spend much…
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8 FebruaryNews
Hawksmoor revenues jump 20% to £90m in 2023
British steak restaurant company Hawksmoor has announced a revenue increase of 20% to £90m, with its established restaurants delivering EBITDA margins in excess of 20%. In 2023 the company opened another international restaurant – Hawksmoor Dublin opened in May, hitting weekly sales highs in excess of €230k (£196k) – and…
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7 FebruaryNews
Today’s news in brief – 07/02/24
Liberation Group revenues rose by a “record” 22.5% to £140m for the year ended 27 January, as sites saw an 8% rise in like-for-like growth. Additionally, the tenanted division also recorded a 4.3% increase in sales compared with the same period last year. Six Nations rugby is set to deliver…
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7 FebruaryPubs and Bars
Pubs and bars gear up for Six Nations sales bump
After a challenging start to 2024 for pubs, bars and drinks suppliers, the Six Nations rugby tournament is set to deliver a welcome boost to sales, according to data from CGA. CGA research confirms the appetite for sport, with one in nine (11%) consumers visiting a venue to watch a…
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7 FebruaryPubs and Bars
Liberation Group revenues hit £140m
Liberation Group, a privately owned premium pub operator and brewing group, has reported a “record” performance for the year ended 27 January 2024, as its total group revenues were up 22.5% to £140m versus the same period last year. With sites stretching from Mayfair in London to St Aubin in…
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5 FebruaryNews
Today’s news in brief – 05/02/24
Pubs and bars saw a third successive week of negative sales in January, CGA has revealed. Average sales in managed venues in the week to last Saturday (27 January) were 4% behind the same period in 2023, but ahead of the previous weeks in January which saw a heavier dip…
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5 FebruaryNews
UK January drinks sales dip 4%, CGA finds
Britain’s pubs and bars have closed a “difficult” January with a third successive week of negative year-on-year sales, CGA has revealed. Average sales in managed venues in the week to last Saturday (27 January) were 4% behind the same period in 2023, but ahead of the previous weeks in January…
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2 FebruaryNews
Today’s news in brief – 02/02/24
Urban Pubs and Bars’ EBITDA reached £6.4m for the financial year ended 30 April 2023, an improvement of 11% versus the prior year. The leisure group, which operates 42 pubs, bars and restaurants across London, revealed like-for-like sales were up 17% and turnover increased by almost 60% to £52.2m. UKH…
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