Tortilla
Coverage tracks the performance, expansion strategy, and operational developments of the UK’s leading fast-casual Mexican restaurant brand, including site rollouts, franchising, menu innovation, digital ordering, and trading updates. Reporting offers insight for operators monitoring scalable dining formats, high-street brand positioning, and evolving consumer demand for fresh, quick-service international cuisine.
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Oct- 2024 -28 OctoberNews-In-Brief
Today’s news in brief – 28/10/24
54% of hospitality businesses would cut jobs when business rates relief ends in April, according to a new joint survey conducted by the BBPA, BII and UKH. The report also highlighted that 76% would experience lower profit and 28% would have to close at least one site. The trade bodies…
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28 OctoberFood and Drink
Tortilla and SSP expand franchise partnership
Tortilla has announced a “significant” expansion of its partnership with global food travel group SSP today (28 October), which will see it grow its presence across UK travel hubs. The new five-year agreement will see Tortilla’s presence in SSP-operated locations triple in size in the UK, from six to 18…
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Sep- 2024 -25 SeptemberNews
Today’s news in brief – 25/09/24
Tortilla saw revenues in H1 fall from £32.7m to £31.5m, as overall like-for-like revenues fell 5.5% due to a planned decision to end its ties with Deliveroo. This move culminated in an “expected” delivery revenue decline of 10.3% like-for-like, albeit with improved delivery profitability of £0.5m in the first half.…
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25 SeptemberFood and Drink
Tortilla H1 revenues dip following change to delivery strategy
Tortilla has revealed that revenues for the first-half period to 30 June fell from £32.7m to £31.5m, as overall like-for-like revenues fell 5.5% due to a planned decision in the first quarter to condense to a dual delivery partnership – ending its ties with Deliveroo. This move culminated in an…
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Aug- 2024 -16 AugustRestaurants
Atis to open eighth site in Eastcheap
Cult salad bar brand Atis is set to open in the capital in Eastcheap on 2 September, marking the brand’s eighth location in London and its second opening of 2024. The Eastcheap site will offer Atis’ customisable salad bowls, protein plates, and classic favourites such as the Azteca and Seiz’a…
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8 AugustNews
Today’s news in brief – 08/08/24
Deliveroo has returned to profit following a strong performance in H1. This comes after sustaining a loss of £82.9m in the year before. The group attributed its performance to “encouraging early signs in consumer behaviour”, with frequency returning to growth and retention improving due to improvements made to its consumer…
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8 AugustRestaurants
Tortilla unveils its first app with new loyalty scheme
Tortilla has launched its first ever app, which includes a new loyalty programme – The Burrito Society. This latest announcement builds on the group’s new strategy which focuses on investing in technology along with the Tortilla brand to drive growth. The new app, which climbed to second spot in the…
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Jul- 2024 -24 JulyNews
Today’s news in brief – 24/07/24
Tortilla saw a 5.9% drop in revenues to £31.5m in H1 ended 30 June 2024. The Mexican restaurant chain attributed this decline to its strategic decision in Q1 to condense to a dual delivery platform to improve profit conversion and increase focus on in store revenue. The group’s adjusted EBITDA…
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24 JulyRestaurants
Tortilla HY revenues fall to £31.5m
Mexican restaurant group Tortilla has reported a 5.9% drop in revenues to £31.5m for the half year ended 30 June 2024. The group attributed this decline to its strategic decision in Q1 to condense to a dual delivery platform to improve profit conversion and increase focus on in store revenue.…
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Jun- 2024 -25 JuneNews
Today’s news in brief – 25/06/24
Tortilla has acquired Fresh Burritos in France for €3.95m (£3.34m). The deal was funded from the group’s existing debt facilities and is expected to contribute £2.5m of additional annual adjusted EBITDA at 24 months maturity. It comes as the latest step in Tortilla’s growth strategy that will see the brand…
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