, UK
101 view s
Photo by RDNE Stock project on Pexels

Wendy’s Restaurants UK turnover surges 50% to £31.9m in FY2023

The company’s gross profit also increased to £8.5m. 

Wendy’s Restaurants of UK Limited had a turnover increase of 50% to £31.9m in FY2023 from £21.3m in FY2022, attributable to a higher number of company-operated restaurants in operation in 2023 compared in the previous year. 

The company’s gross profit also increased to £8.5m in FY2023 from £6m in FY2022 due to higher management fees for UK restaurant services.

However, their operating profit dipped by 3.2% to £1.9m in FY2023 from £2m in the preceding year. 

Total comprehensive income for FY2023 also decreased to £854,346 from £1.5m in FY2022. 

Follow the link for more news on

Join QSR Media UK community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Gong cha counts on decadent drinks to capture Middle East market
The bubble tea trend is growing in the region, where the climate keeps it popular year-round.
Gong cha counts on decadent drinks to capture Middle East market
The bubble tea trend is growing in the region, where the climate keeps it popular year-round.
A year in review of the UK’s fast food market
Chicken shops are winning whilst pizza delivery outlets showed slow growth.
Research