All Finance articles – Page 19
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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
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NewsYoung’s sees strong momentum through summer
The pubco reported healthy demand, with like-for-like sales were up 5.6% in the 24 weeks ended 15 September and total sales up 5.3%
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NewsSwingers stays focused on expansion despite revenue dip
Revenue dipped to £36.4m from £43.3m, albeit the competitive socialising concept continues to open in new markets
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NewsChopstix Group achieves ‘resilient growth’ in FY24
The Asian QSR brand reported adjusted EBITDA of £6.97m for the 35-weeks to 31 December 2024, but a loss after tax for the period of £963k.
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Analysis & InsightRestaurant sector M&A nearly doubles in past year
The UK restaurant sector saw 30 deals in 2024/25, up from 16 the previous year, due to lower interest rates, improving investor confidence, and falling commercial rents
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NewsHydes Brewery ‘eclipses’ last year’s turnover with new record
The brewer and pub operator achieved a 3.9% increase in turnover for the year to 30 March 2025, to £40.8m, with the majority of its sales growth driven by performance its managed estate