Financial Statements
Franchising drives a third of Pret A Manger’s global sales in H1 2024
H1 2024 system sales across company-owned and franchise shops increased by 10%.
Benugo reports historic £123.5m turnover
The group said this is the highest in its 25-year history.
Caffè Nero Group reports record sales for FY2024 of US$690m
The group operates 1,072 coffee outlets in 10 countries.
Starbucks eyes 100 more outlets as group profits rebound
Last year, store openings targeted key drive-thru and high-footfall city locations.
Domino’s UK prepares for £2b system sales milestone
The group reported an increase of 11.1% for FY2023.
Greggs takes 19.6% market share in food-to-go breakfast
It’s reported total sales for 2023 reached £1.81b.
Iced coffee boosts Coffee#1 2023 sales to £53.8m
The brand said cold coffee sails were four times better than pre-covid levels.
Upper Crust owner SSP sees revenues improve
60% of its outlets are open now compared to 30% at the end of March.
Creams Café posts “record-breaking” £1.6m sales in a week
It teased further menu innovation alongside store expansion in the coming months.
Caffè Nero sees 82% growth in weekly sales post-lockdown
The company also expects revenue from delivery and digital channels to double across the group in their upcoming financial year.
SSP Group losses hit £300m as travel restrictions take toll
Sandwich and coffee sales were down 79%.
Commentary
People want experiences – but not at the cost of food & beverage