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 -3 NovemberFood and Drink
KFC owner net revenues rise 26% in Q3
Yum! Brands, the owner of KFC, has revealed that net incomes increased 26% to $416m (£340m) for Q3 ended 30 September, as total revenues rose by 4% to $1.71bn (£1.4bn). This comes as KFC contributed 13% to the overall global sales growth, followed by 11% by Taco Bell and 4%…
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2 NovemberNews
Today’s news in brief – 02/11/23
Coffee#1 reported strong trading for Q1 ended 31 August, with a 21.9% year-on-year growth in sales. The company, which operates in Wales, the Southwest, the South Coast and parts of the Midlands, opened three new stores in Godalming, Yate, and Cwmbran, all of which performed well. The brand’s iced coffee…
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2 NovemberRestaurants
Chopstix’s converted Chozen Noodle sites see sales uplift
Two former Chozen Noodle sites which have been converted into Chopstix venues have seen sales rise almost 50% since the conversion. The sites Beaconsfield Extra motorway service area and Cobham Extra motorway service area became Chopstix sites following the brand’s takeover of competitor Chozen Noodle in March. These two venues…
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2 NovemberNews
Coffee#1 sales grow 21.9% in Q1
Neighbourhood coffee shop brand Coffee#1 has announced strong trading for the first three months of its financial year ending on 31 August, with sales growth of 21.9% year on year. Founded in 2001 and now operating across Wales the Southwest, the South Coast and parts of the Midlands, Coffee#1 also…
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1 NovemberNews
Today’s news in brief – 01/11/23
Various Eateries reported revenues of £45.5m for the year ended 1 October, slightly exceeding market expectations, driven by new site openings. Despite battling a challenging macroeconomic environment, train strikes, and unseasonably wet summer weather, the group maintained like-for-like sales. However, Group EBITDA is expected to be a loss of £1.6m.…
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1 NovemberNews
Various Eateries revenues surpass expectations in FY23
Various Eateries has announced that revenues for the year ended on 1 October were slightly higher than market expectations at £45.5m, largely driven by new site openings. Group like-for-like sales were “maintained” despite the challenging macroeconomic environment, train strikes, and unseasonably wet weather during the summer months. Group EBITDA is…
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Oct- 2023 -30 OctoberNews
Today’s news in brief – 30/10/23
Red Oak Taverns is set to acquire 17 pubs from St Austell Brewery’s leased and tenanted estate by the end of October. The acquisition includes locations in Cornwall, Devon, and Somerset. Red Oak already owns 212 pubs, primarily leased and tenanted, with a presence in the Midlands, South, North West,…
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30 OctoberFood and Drink
Poor weather sees drinks sales fall despite England rugby games
Year-on-year average drink sales in managed venues fell marginally by 0.2% in the week to 21 October, according to data from CGA. Bad weather as a result of Storm Babet offset the benefits of two England rugby world cup games causing a decline in sales after eight weeks of growth…
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30 OctoberNews
Demand for sweet treats in hospitality grows, says CGA
New research from CGA by NIQ and Mademoiselle Desserts points to an ongoing appetite for treats despite the cost of living crisis, making mini desserts a good solution for menus in 2024. The joint ‘Desserts and Sweet Bakery’ report reveals fewer than one in five (18%) consumers are cutting down…
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27 OctoberNews
Today’s news in brief – 27/10/23
Punch Pubs reported total revenues of £313.5m for FY23, up from £284.4m in FY22. Management Partnership division’s revenues also increased by 24% to £139.8m over 52 weeks. All three divisions, including leased and tenanted, management partnership, and Laine, achieved like-for-like sales growth. EBITDA for the period was £79.1m, a decrease…
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