Finance – Page 22
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NewsAmber Taverns reports strong festive trading
The wet-led pub operator, which is targeting an estate of 185 by the end of the year, has seen like-for-like sales up 20% over the holiday season
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NewsKings Park Capital backs STACK
Specialist leisure investor Kings Park Capital has invested in the Boxpark-style shipping container concept to help accelerate its growth
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NewsBlack Sheep Coffee doubles turnover
The coffee shop chain, which operates more than 70 UK stores, reported turnover of £21.3m as it looks to drive both bricks-and-mortar and ecommerce expansion
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NewsJollibee to ‘significantly increase’ UK presence
The Filipino fried chicken chain has reported £17.9m in turnover for 2022, with plans to significantly grow its UK estate by 2028
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NewsSpaghetti House returns to profit
The London-based Italian restaurant group reported turnover of £9.8m in the year to march 2023, as well as a return to profit due to the increase in sales
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NewsJW Lees reports record turnover
Company revenue was £88m in the year to March 2023, with the pub operator and brewer back on track for future growth and new acquisitions
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NewsBreal Capital acquires Purity Brewing
The D&D London backer acquired the Warwickshire craft beer company in a pre-pack administration
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NewsSukho Group grows sales by 18% to £16m
The Thai restaurant group has secured the lease for a new prime location on The Riverwalk in Durham for its seventh Zaap Thai Street Food site
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NewsNWTC sees record weeks of sales
New World Trading Company has hailed an “exceptional” period of peak Christmas trading, generating double-digit LFL sales in its first uninterrupted December since 2019
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NewsWingstop UK sees 49% LFL growth in 2023
Master franchise Lemon Pepper Holdings has been able to maintain profitable growth across its estate, with plans to reach 50 sites by end of 2024
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NewsStonegate completes £638m refinance
The pub company has completed the refinancing of a 1,034-strong pub portfolio, with debt provided by US private equity firm Apollo Global Management
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NewsGiggling Squid sales ahead of pre-pandemic levels
Turnover for the Thai restaurant group increased by 11.3% to £73.3m in the year to 2 April 2023 (FY23), up from £65.9m the year before.
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NewsTortilla adapts to changing market
The company’s performance is expected to be slightly behind previous forecasts due to “subdued consumer confidence” impacting demand across the eating out market, in particular during Q4
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NewsKnoops looks ahead to ‘another exceptionally successful year’
The chocolate drinks specialist, which is the brand partner for Wonka, is eyeing its “best Christmas ever” with record sales in November continuing into December
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Weekend PressHollywood Bowl investors eye strong profits despite cost-of-living pressure
The ten-pin bowling operator is expected to unveil strong profits amid resilient leisure spending, writes The Standard
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NewsMission Mars concepts outperform market
The Albert’s Schloss operator reported strong growth across the group over the last two years, with Rudy’s Pizza delivering like-for-like growth of 24%
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NewsKFC UK&I reports 3% decline in turnover
The fried chicken giant reported £284.4m in turnover for 2022, attributing the decline to a strong comparative year combined with cost of living pressures
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NewsRecord turnover for Swingers amid global expansion
Turnover for global operations stood at £36.2 for the crazy golf concept’s four sites in the UK and US, with further sites soon to be added in Vegas and Dubai
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NewsETM Group reports strong like-for-like growth
The operator of The Aviary and The Botanist Sloane Square has reported turnover of £27.9m in the year to February 2023, underpinned by like-for-like sales growth of 16%
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NewsCooplands reports ‘challenging’ period
The bakery chain said cost pressures had resulted in the company reporting a loss in 2022 despite growth in sales