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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May- 2023 -10 MayRestaurants
Comptoir Group revenues up 50% to £31m in FY22
Comptoir Group has revealed a strong financial recovery in FY22 as full-year revenues soared by 49.9% to £31m compared with £20.7m in 2021, and gross profit rose by 44.3% to £24.4m compared with £16.9m in 2021. The results were driven by like-for-like store growth in the period and the absence…
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10 MayNews
JD Wetherspoon on track for record year as Q3 sales rise by 9.1%
JD Wetherspoon has said it is on course for record sales this year as sales rose by 9.1% in the 13 weeks to 30 April 2023, compared to the same period in the last full financial year before the pandemic. It comes as sales reported in Easter week were the…
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9 MayFood and Drink
Soft drinks sales surpass £1bn in Q1 2023
Sales of soft drinks in the UK surged past the £1bn mark to reach £1.7bn in the first quarter, up by 12% year-on-year, according to data from CGA Strategy. Soft drinks now have a 15.5% share of total on premise drinks sales by value, an increase of 1.7 percentage points…
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5 MayNews
Yum! Brands income falls by 25% to $300m in Q1
Yum! Brands, which operates restaurant chains KFC, Taco Bell, Pizza Hut and Habit Burger Grill, has announced that net income fell by 25% to $300m (£238m) in Q1, down from $399m (£316m) the prior year. Despite this, revenues for the brand rose by 6% to $1.6bn (£1.4bn) in the first…
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4 MayNews
The Restaurant Group to shut 23 sites by end of May
The Restaurant Group, which operates approximately 410 restaurants and pub restaurants throughout the UK including Wagamama, Brunning & Price and Frankie & Benny’s, is set to reinstate the closing of 23 of its sites at the end of May 2023. The group said it had successfully negotiated a number of…
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4 MayBusiness
Mixed Q1 for UK drinks sales
CGA Strategy’s Drinks Recovery Tracker has revealed a “reasonable outlook” for Q1 with wine sales up but spirit sales down. It revealed wine sales have seen growth every week in 2023 as older consumers returned to pubs, bars and restaurants after the pandemic. Meanwhile, beer sales were in year-on-year growth…
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4 MayFood and Drink
Domino’s launches £20m share buyback as app sales rise in Q1
Domino’s Pizza has activated a £20m share buyback programme after seeing like-for-like sales through its app increase by 10.7% in the first quarter, with order count increasing by 2.8% to 18 million. The news comes as the group’s new app has increased its active customers by 27% to roughly 6.8…
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3 MayNews
Restaurant Brands International sees Q1 earnings hit $588m
Restaurant Brands International which runs Burger King, Popeyes, Tim Hortons and Firehouse Subs, has revealed its earnings hit $588m (£469m) for the quarter ending in March 2023 as its global sales increased 10%. The company said the performance, which beat analysts expectations, was driven by increases in its segments as…
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2 MayRestaurants
TRG reports Wagama sales up 9% despite backlash from investors
Wagamama owner, the Restaurant Group, has revealed that Wagamama sales grew 9% compared with 2022, over the four weeks to April 30, despite facing backlash from activist investors. According to its latest trading update, covering the 13 weeks to 2 April 2023, it recorded a 15% increase in dine in…
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Apr- 2023 -28 AprilBusiness
Fresh rail strikes to heap ‘further pain’ on hospitality, says UKH
Trade body UK Hospitality has called for all parties involved to “redouble” their efforts to reach a resolution ahead of planned strike action by train drivers. Train drivers from the ASLEF union are set to strike on three dates across May and June dashing hopes of a resolution to the…
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