Propel Morning Briefing Mast HeadAccess Banner  
Propel Morning Briefing Mast Head Propel's LinkedIn LinkPaul's Twitter Link Paul's X Link

McCain Banner
Morning Briefing for pub, restaurant and food wervice operators

Mon 15th Jul 2019 - Sector like-for-likes up 1.4% in June as restaurants recover but pubs suffer hangover
Sector like-for-likes up 1.4% in June as restaurants recover but pubs suffer hangover: Sector managed like-for-likes were up 1.4% in June as restaurants recovered but pubs suffered a hangover from last year’s heatwave and football fever, according to the latest Coffer Peach Tracker. Restaurant group like-for-likes were up 6.1%, while pubs and bars saw a 1.2% decline. Regionally, market performance inside and outside London was broadly in line, with like-for-likes up 1.8% and 1.3% respectively. In pubs and bars, drink sales took a bigger hit than food over the month, down 2.2% against a 1.2% fall in meals. Restaurants recorded a 2.9% increase in covers over the month. “It’s all down to football and the weather,” said Karl Chessell, director of CGA, the business insight consultancy that produces the Tracker, in partnership with Coffer Group and RSM. “Last June, pub and bar groups saw sales jump 2.8%, largely thanks to the mini-heatwave at home and England’s good showing in the Fifa World Cup, while restaurants suffered a 1.8% decline. This June the roles have reversed, with more sedate conditions favouring eating rather than drinking out. It demonstrates how outside factors still influence trading patterns. The underlying good news is the market overall still grew, if modestly, by 1.4%, despite all the current political uncertainty, predictions of tumbling consumer confidence and flat trading in May.” Mark Sheehan, managing director of Coffer Corporate Leisure, added: “These are encouraging numbers. Last June, the World Cup gave an overall boost despite restaurants suffering and to beat those numbers on a net basis shows some much-needed positivity. It’s tough out there but the hospitality sector is showing some much-needed resilience.” Total sales across the 50 companies in the Tracker, which include the effect of net new openings since this time last year, were ahead 3.7% compared with last June. Underlying like-for-like growth for the Tracker cohort, which represents large and small groups, was running at 1.6% for the 12 months to the end of June.


Return to Archive Click Here to Return to the Archive Listing
 
Punch Taverns Link
Return to Archive Click Here to Return to the Archive Listing
Propel Premium
 
Pernod Mailibu Banner
 
Meaningful Vision Banner
 
Mccain Banner
 
Casula Dining Banner
 
Heineken SmartDispense Banner
 
Contract Furniture Group Banner
 
Pepper Banner
 
Heinz Banner
 
Alcumus Banner
 
Santa Maria Banner
 
Cruzcampo Banner
 
Propel Banner
 
Nutritics Banner
 
Heinz Banner
 
Zonal Banner
 
Access Banner
 
Propel Banner
 
Christie & Co Banner
 
Sideways Banner
 
Kurve Banner
 
CACI Banner
 
Airship – Toggle Banner
 
Wireless Social Banner
 
Payments Managed Banner
 
Deliverect Banner
 
Zonal Banner
 
HGEM Banner
 
Pepper Banner