Various Eateries
Coverage of strategy, brand development, and financial performance across a hospitality group operating restaurant concepts including Coppa Club and Tavolino. This section explores site openings, leadership updates, investment activity, and F&B innovation, offering insight for operators, executives, and hospitality professionals tracking growth plans, guest experience strategy, and lifestyle-led dining in the UK casual premium space.
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May- 2024 -14 MayNews
Various Eateries sales jump 10.2% to £22.7m in H1
Various Eateries’ sales increased 10.2% to £22.7m during the 26-week period ending 31 March 2024. Group like-for-like sales were marginally down, against a backdrop of one of the wettest winters since records began and with the company maintaining its strategy of absorbing most price increases. While this strategy puts temporary…
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Feb- 2024 -1 FebruaryNews
Today’s news in brief – 01/02/24
Some 800 licensed premises have been lost in Q4, according to CGA data. This represents an acceleration of closures from Q3 last year, when numbers fell by only 0.3%. Food-led pubs have been relatively resilient, with a 7.6% drop since March 2020, while community and high street pubs have dipped…
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1 FebruaryFood and Drink
Various Eateries reports FY23 losses despite 12% rise in revenues
Various Eateries has reported an adjusted EBITDA loss of £2.2m, despite revenues growing 12% to £45.5m during the year ending 1 October 2023. The loss has been attributed to the board’s decision to absorb the majority of price rises in a bid to strengthen Various Eateries’ long-term prospects. While total…
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Nov- 2023 -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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Sep- 2023 -11 SeptemberNews
Various Eateries CEO steps down
Various Eateries PLC, the owner, developer and operator of clubhouse, restaurant and hotel sites in the United Kingdom, has today (11 September) announced that Yishay Malkov has agreed his resignation with the board. He will step down from his role as director and chief executive officer of the company, and…
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Jun- 2023 -28 JuneRestaurants
Various Eateries sales up 16% to £20m in H1
Various Eateries’ revenues have increased by 16% to £20.6m in the half-year ending 2 April, up from £17.7m in H1 2022, while like-for-like sales marginally increased. Despite this, the group reported a decrease in gross profit to £0.6m, down from £1.5m in the same period last year, and a loss…
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Feb- 2023 -28 FebruaryRestaurants
Various Eateries FY losses widen amid margin pressures
Various Eateries has seen its pre-tax loss widen to £7.2m, up from a loss of £3.7m in FY21, as profitability was impacted by higher costs and margin pressures. The group said it had resisted passing price increases onto customers in full “until there was more certainty around the trajectory of…
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9 FebruaryPeople
Various Eateries poaches RedCat CFO
Various Eateries is set to appoint Sharon Badelek as chief financial officer (CFO), with effect from 1 April 2023. Badelek has a career spanning more than 30 years, having held financial leadership positions at several high-profile leisure and hospitality businesses. Most recently, she was CFO of RedCat Pub Company, where…
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Nov- 2022 -11 NovemberPeople
Various Eateries appoints interim CFO
Various Eateries has announced that James Darwent is joining its board as director with immediate effect, where he will act as interim CFO following the news Oli Williams has stepped down from the role. According to the company, Darwent has been working alongside Williams since joining the company on 26…
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