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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Nov- 2023 -27 NovemberNews
Today’s news in brief – 27/11/23
Pho is set for expansion, securing fresh funding following a 33.6% turnover surge to £58.3m in FY23. Despite a profit dip to £1.8m (from £5.6m) due to pandemic concessions, restaurant EBITDA held steady around £10.4m. The company attributes the profit decrease to prior government aid. While FY23’s EBITDA stood at…
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27 NovemberTrade Associations
Extended hours for Euro 2024 ‘essential’ for pubs and bars, says UKH
Hospitality trade body UKHospitality has warned it is “essential” that trading hours are extended for the semi-finals and final stage of the European Championships next summer. UKH chief Kate Nicholls said Euro 2024 is set to be a “huge event” for hospitality businesses next summer as fans pack pubs and…
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27 NovemberRestaurants
Pho to continue expansion amid 33.6% rise in FY23 turnover
Pho has secured additional funding to allow for continued expansion of Vietnamese street food restaurants through the next several years, as its turnover increased 33.6% to £58.3m in the year ending 19 February 2023. According to the group’s filings on Companies House, recent performance has buoyed the company’s confidence in…
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24 NovemberCafes and Coffee Shops
SSP launches Café Local
SSP has launched a new travel-focused café and retail store concept called Café Local, which has been developed for UK regional rail stations. The first 15 Café Local stores have opened at stations around the country, including Fratton, Exeter, Reading, Dover and Sheffield, and the flagship store has recently opened…
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23 NovemberBeverages
A quarter of consumers to spend more on hot drinks, says CGA
Over a quarter of consumers (28%) have stated that they are likely to spend more on hot drinks in the next 12 months according to data from CGA. More than half (54%) say they are likely to pay extra for a better quality drink, a figure that rises even higher…
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22 NovemberBusiness
Confidence in hospitality sector climbs again
Nearly half (49%) of hospitality business leaders feel confident about the hospitality market over the next 12 months, up by four percentage points from August’s figure of 45%. Only 5% of leaders say their business is currently at risk of failure, down from 11% last quarter. The number feeling pessimistic…
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21 NovemberFeatures
Cheers to the community: Navigating local relations and alcohol licensing
Those in the restaurant trade know that owning a restaurant is a rewarding but challenging experience. Balancing the creation of happy customers with the management of staff, finances, licences, and other regulations is demanding. Neglecting these finer details could sacrifice the entire service, so it is crucial businesses know how…
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20 NovemberNews
Today’s news in brief – 20/11/23
Compass Group saw a 26.1% rise in operating profit, reaching £1.89bn for the year ending 30 September 2023. The group’s European arm saw a 31.5% profit increase to £392m, backed by robust margin growth and new business in diverse sectors. CEO Dominic Blakemore highlighted sustained growth expectations, with high single-digit…
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20 NovemberCatering Companies
Compass profits hit £1.89bn amid surging sales
Catering company Compass Group has reported a 26.1% increase in operating profit to £1.89bn for the year ended 30 September 2023. The group also recorded a 21.6% increase in revenues to £31bn compared with the previous year. Its operating margin was also up 60bps to 6.8% year on year. The…
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20 NovemberNews
Drink sales remain flat in November, says CGA
UK drinks sales remained flat in the first full week of November due to more wet weather, according to CGA by NIQ’s latest Daily Drinks Tracker. Average sales in managed venues in the week to last Saturday (11 November) were marginally down by 0.2% from the same period in 2022.…
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