Sales

Rockfish sales hit £13m amid new post-Covid model

Rockfish, the nine-strong seafood restaurant group led by Mitch Tonks, has announced sales hit £13m during the year ended April…

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Marston’s like-for-like sales drop 2%

Marston’s plc has revealed its like-for-like sales dropped 2% for the 42 weeks to 23 July FY22, compared to the…

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Restaurant Associates appoints 3 regional managing directors

Restaurant Associates has announced the appointment of three new regional managing directors across its nationwide estate. Sara Senior, previously sales…

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91 M&A deals delivered in hospitality sector in last year

Some 91 merger and acquisition deals were delivered during the year up to June 30 2022 in the hospitality sector,…

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Mitchells & Butlers sales slow amid inflationary pressures

Mitchells and Butlers has reported that like-for-like sales have fallen 0.9% in the 42 weeks ended 16 July 2022 (Q3),…

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Hospitality sales rise 5% in June, but inflation ‘bites’

Britain’s managed restaurant, pub and bar groups saw like-for-like sales in June rise 5% above pre-Covid levels in June 2019,…

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Shepherd Neame acquires Bournemouth bar Urban Reef

Shepherd Neame, an independent brewery and pub operator based in Faversham, has expanded its estate with the acquisition of Urban…

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Fever-Tree profits ‘worsened’ by cost of headwinds

Fever-Tree has revealed that it anticipates gross margins of around 37% and an EBITDA margin of around 14% for the…

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Deliveroo lowers FY22 guidance amid consumer headwinds

Deliveroo has lowered its gross transaction value (GTV) guidance for FY22 from 15–25% to 4–12% due to a “more cautious”…

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Krispy Kreme appoints president and managing director for UK and Ireland

Krispy Kreme has announced that it has appointed Jamie Dunning as its new president and managing director for the UK…

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