All Finance articles
-
Analysis & InsightPunch Pubs reports revenue growth and strong trading
The group reported revenue of £168.3m for the 28 weeks to 23 February 2025, up from £165.1m the previous year
-
Analysis & InsightKrispy Kreme reports Q1 loss, prepares UK brand repositioning
The global doughnut brand reported a 15.3% drop in net revenue to $375.2m in Q1 2025, with organic revenue down 1%
-
Analysis & InsightRBI posts 2.8% Q1 growth, with UK flagged as key market
Total revenue rose 21% year on year to $2.1bn, while adjusted EBITDA increased 2.4% to $642m, and adjusted net income reached $343m
-
NewsJoe & The Juice returns to profit for FY24
The food-to-go operator posted global revenue of £320m in FY24, up 17% on 2023, as it returned to profit, confirming continued expansion plans across its core markets
-
NewsWenzels committed to growing 110-strong estate
The independent bakery chain grew revenue to £67.1m and said it will continue to support the high street, with plans to open more stores
-
NewsPatisserie Valerie owner posts full-year loss
Flour Power Group’s total sales held steady at £25.3m, with growth in online and wholesale helping to balance out higher costs
-
NewsVarious Eateries reports profit growth as new sites lift sales
Like-for-like sales during the period were flat, reflecting the later timing of Easter this year, but have since risen 1.3% in the five weeks of post-period trading
-
NewsJD Wetherspoon posts 5.6% LFL sales uplift
Total sales increased 5% in the quarter and 4.2% year to date, slightly behind LFLs due to a small number of disposals. The operator exited seven sites during the period but offset this with two openings and four additional pubs launched with Haven
-
NewsTasty returns to profit following site closures and restructuring
Revenue dropped 21.9% to £36.6m, largely due to the reduced estate and one fewer trading week, while LFL sales declined 4.5%
-
NewsWendy’s reports sales dip, updates full-year outlook
The American QSR chain is the latest to report a sales decline due to economic uncertainty, and has changed expectations to reflect the challenging consumer environment
-
InterviewsYoung’s: ‘We are achieving volume and value growth’
Investment in the pub company’s estate is driving a lot of its like-for-like sales growth, with volumes up and momentum continuing into the new financial year, CEO Simon Dodd tells MCA.
-
NewsOakNorth backs Loungers growth with £30m
The funding will help accelerate Loungers’ site rollout strategy, with plans to open more than 30 new venues annually across the UK
-
NewsMowgli remains committed to further investment
The Indian restaurant chain - now part of the Arcturus Group with Rosa’s Thai and Pho - grew sales by 31% to reach £40.5m
-
NewsWingstop: UK acquisition demonstrates ‘industry-leading returns’
The global business is seeking similar investments, having reinvested $75.4m into the newly formed entity after Sixth Street’s acquisition of Wingstop UK
-
NewsGreene King delivers revenue growth across all four divisions
Group revenue increased by 3.2%, with the pub operator attributing the performance to record Christmas bookings and strong demand from events such as the 2024 Men’s Euros
-
NewsStarbucks Q2 results ‘far from potential’
The coffee giant saw global comparable sales continue to decline, albeit CEO Brian Niccol reiterated the ‘Back to Starbucks’ plan is the right strategy to turn the business around
-
NewsLucky Voice for Business reports strong like-for-likes
The karaoke concept has seen a 31% rise in like-for-like revenue contributed by its B2B arm over the past 12 months
-
NewsPrezzo teases new name ahead of strong Q1
CMO Mark McCulloch revealed the plans in a LinkedIn post, teasing: “An Italian icon is about to have a makeover…New name, same passion”
-
NewsDeliveroo minded to accept DoorDash offer
The prospective takeover by a larger American rival would be worth £2.7bn, valuing the company at 180 pence per share
-
Weekend PressBidding war for Deliveroo? There could be appetite
The US firm DoorDash’s £2.7 billion swoop for the delivery company late on Friday may prompt Amazon, Prosus and Meituan to consider rival bids, The Times reports