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All Finance articles – Page 11
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NewsFarmer J grows revenue by +50%
The field-tray concept, led by Jonathan Recanati, is expecting to open a further six sites in the UK in 2026, as well as a second site in New York.
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NewsThe Wolseley Hospitality Group raises turnover to £64m
The operator of The Delaunay, Colbert, and other London restaurants reported a turnover uplift of 7.85%, with like-for-likes also seeing growth
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NewsHawksmoor achieves strong turnover growth
The premium steak restaurant achieved an 11% increase in turnover, for the year to 31 December 2024, to £100.4m, driven by strong like-for-like sales alongside the opening of its new restaurant in Chicago.
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NewsPopeyes’ revenue growth highlights ‘incredible momentum’
The fast-growing QSR brand reported revenue of £118.9m in 2024 – up from £58.1m the previous year – driven by new site openings.
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NewsTortilla achieves 5% rise in UK like-for-likes; appoints new CFO
Despite strong growth in UK sales, the fast-casual Mexican restaurant’s UK business reported a loss before tax of £2.3m in the 26 weeks to 29 June 2025
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NewsBow Street Group sees £7.5m loss prior to restructure
The operator of Wildwood and dim t restaurants – formerly known as Tasty – saw revenue fall by 21% in the 26 weeks to 30 June 2025, to £15.1m – primarily due to the impact of five site closures last year
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NewsHonest Burgers to acquire 12 GBK sites
The deal will see Honest Burgers’ portfolio expand to more than 50 restaurants. For Boparan, the deal represents a “strategic opportunity” for Gourmet Burger Kitchen to focus on its core growth area of delivery.
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NewsWingstop revenues reach £125m
Both new openings and strong sales from the existing estate contributed to the 2024 numbers, with the QSR chain aiming to reach 200 sites within five years
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NewsCooks Coffee: ‘We are ahead of our openings target’
The operator of the Esquires franchise opened 11 sites during the first half of 2025, with enough sites already in the pipeline to “double that again before the end of the financial year”, CEO Aiden Keegan told MCA.
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NewsTonkotsu like-for-likes soar 8%
The ramen specialist achieved £15.4m turnover in 2024, as it prepares to launch new sites in Cardiff and Birmingham while further growing its regional presence
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NewsRedCat reports profit surge after ‘transformational’ year
For the year to 30 March 2025, adjusted EBITDA rose 290% to £8.8m, with site EBITDA up 42% to £18.7m and like-for-like sales increasing 2%
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NewsActivist investor pushing for SSP takeover
Irenic Capital Management has been trying to drum up interest in a take-over deal for the food to go operator, after it increased its stake to around 3%.
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NewsStarbucks: ‘Some’ stores will close in the UK
The US coffee company’s CEO Brian Niccol has announced plans to close stores and cut jobs as part of a $1bn restructuring
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NewsComptoir Group achieves positive like-for-likes
The Comptoir Libanais operator increased group revenue by 0.6% compared to the same period last year, and is actively reviewing opportunities to grow its Shawa concept
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NewsPizzaExpress sees like-for-likes dip amid ‘challenging’ backdrop
The group has reported revenue of £442.1m for the year ended 29 December 2024, a decline from £454.6m in 2023, with like-for-like sales falling 2.7% in the UK & Ireland
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NewsRick Stein Restaurants reports revenue decline
The group reported revenue of £30.4m for the year ended 31 December 2024, down 5.4% year-on-year, attributed to wider pressures facing the sector
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OpinionMore room at the inn: observations on current pub sector M&A
Prospective buyers in the UK’s pub sector are increasingly focused on what the transaction can do for their existing business, AlixPartners’ director Craig Rachel writes in MCA
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NewsCosta Coffee attracts smaller number of bids than expected
Stonegate Group and Popeyes owner TDR Capital is said to be among the reported bidders, however insiders diclosed the sale could fetch as little as £1.5bn
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NewsCaffè Nero achieves record sales of £626m
The coffeehouse group delivered like-for-like sales growth of 7% in FY25, with overall sales up 12%, while gaining market share across territories
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NewsLeon narrows losses
The chain reported total revenue of £62.5m in 2024 - a slight fall from £64.9m in 2023 - but has exited three sites and seen a significant reduction in its cost base