Revolution trading ahead of expectations

Revolutions Bar Group

Revolution has reopened 39 bars which are trading “ahead of the Board’s expectations, in part as a result of the Eat Out To Help Out scheme” it has said in a trading update. It said like for likes for the 8 weeks to 29 August 2020 were 72.5% of last year, but the launch of EOHO had seen like for likes across Monday to Wednesday hit 188.4% compared to last year. Revolution plans to continue to run EOHO at least through September. It also plans to open 13 more bars on 7 September but 11 bars are unlikely to reopen until social distancing restrictions are further relaxed.

 

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