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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Dec- 2023 -13 DecemberNews
UK hospitality groups welcome 4% sales growth in November
Britain’s leading hospitality groups achieved year-on-year sales growth of 4% in November, a new CGA RSM hospitality business tracker reveals. Restaurant and bar groups have now achieved 14 months of like-for-like sales growth in a row. November’s figure marks an increase from October’s figure of 3.2% and is close to…
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12 DecemberNews
Nando’s revenues hit £1.2bn in FY23
Nando’s has reported that revenues increased to £1.2bn for the year ending February 2023 with sales for the group in excess of pre-pandemic levels. Operating profit for the company returned to £17m for the first time since 2020 as margin on returning sales exceeded its fixed operating costs. The group…
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12 DecemberFood and Drink
Shake Shack to open in Oxford
Shake Shack has announced that it is set to open in Oxford on 18 December, its 15th UK location. Shake Shack Oxford is set over three floors, with a prime location on Cornmarket Street, a major pedestrian shopping hub in the city’s historic centre. The interior is inspired by local…
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11 DecemberNews
UK drink sales dip amid strong World Cup comparatives
Year-on-year drinks sales in Britain were down again last week—though the 2022 football World Cup made for difficult comparatives, CGA said. CGA by NIQ’s daily drinks tracker shows average sales in managed venues in the week to last Saturday (2 December) were 2% behind the equivalent week in 2022. It…
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8 DecemberBreweries and Distilleries
Carlsberg Marston to close Ringwood Brewery
Carlsberg Marston Brewing Company (CMBC) has decided to close Ringwood Brewery in Hampshire. Founded in 1978, it was one of the first UK’s microbreweries and moved in 1986 to the current site in Christchurch Road, which is historically the location of the 19th Century Tunks Brewery. In 2007, it was…
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8 DecemberBusiness
Hospitality to benefit from £7.4bn spending boost this Xmas
Brits are planning to spend up to £200 on festive outings throughout the season, amounting to an estimated £7.4bn splurge on Christmas parties nationwide this year, according to research from Double Dutch and OnePoll. According to the survey of 2,000 UK adults, the increased spending provides a welcome boost to…
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6 DecemberNews
Today’s news in brief – 06/12/23
SSP reported a 38% rise in revenues to £3bn and doubled its EBITDA during FY23. This success was fueled by revenue growth and profit conversion, with a notable 25% H2 revenues increase on a constant currency basis. While North America, APAC, and EMEA regions contributed strongly, the UK and Europe…
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6 DecemberPubs and Bars
Drake and Morgan EBITDA slides amid ‘record’ xmas bookings
Drake and Morgan has seen its adjusted EBITDA fall to £4.1m for the year ended 26 March 2023, down from £5m in the same period last year. However, the company saw its turnover increase to £43.3m up from the £35.9m it posted last year. The company put the EBITDA fall…
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5 DecemberNews
Today’s news in brief – 05/12/23
Marston’s swung to a £30.7m loss despite revenues rising 9.1% to £872.3m, due to interest rate hikes and property valuations. Yet, with optimistic Christmas bookings, the pub chain noted encouraging revenue figures. Meanwhile, the group has appointed a new CEO, Justin Platt, effective 10 January. The group’s focus is on…
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5 DecemberPubs and Bars
Marston’s falls to £20.7m loss despite strong revenues
Pub chain Marston’s has fallen to a £20.7m loss despite reporting a 9.1% increase in revenues to £872.3m for the 52 weeks ending 30 September 2023. The loss comes in the face of a £163.4m profit a year earlier with the pub group attributing the performance to being hit by…
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