Chain restaurants continue to grow in sales

16th November 2010, 10:10am

Leading restaurant and pub groups saw combined like-for-like sales hike by 2.2% in October, compared to the same month last year, according to figures from Coffer Peach Business Tracker.

Total sales, which include new openings, were up 3.6%. It is the fifth month in a row that same-store sales in the eating and drinking out-of-home market have been ahead of the same time last year.

The report, which monitors sales performance across 17 major pub and restaurant operators, also found that like-for-likes were ahead +1.0% in September, +1.5% in August, +1.9% in July and +1.4% in June, against the same months in 2009. 

Last year, October saw a +2.8% like-for-like increase on 2008 levels.

However, month-on-month figures showed fluctuations, with October's sales being down -16.2% on September, which had in turn had been +15.1% up on August.

Peach Factory's Peter Martin responded to the results: "These are nonetheless encouraging results, showing a consistently good showing by the bigger operators. It will help fuel optimism for the run-up to Christmas. The public is still going out and the bigger, often branded, chains are keeping their customers coming through the door."

David Coffer, chairman of the Coffer Group, added: "Although encouraging on a year on year basis generally, there is still fluctuation in the short-term in the market and the -16.2% change in October against the previous month is indicative of the fickleness of the UK food and beverage public.   

"This '4 step forward, 1 back' mentality will, I believe, continue into 2011 making it difficult to predict future market trends and conditions."

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• 17 Jan 2012 - December sales boost pub and restaurant trade
• 14 Nov 2011 - Sales continue to rise at leading pub and restaurant chains
• 15 Sep 2011 - Eating out survives impact of August riots, finds research
• 16 Aug 2011 - Sales continue to improve in pubs and restaurants
• 19 Jul 2011 - Like-for-likes sales up 3.9% in eating and drinking out market
• 14 Mar 2011 - The eating and drinking out market gives boost to UK economy, according to new figures
• 14 Feb 2011 - UK pub and restaurant chains see like-for-like sales rise 10.7% in January
• 17 Jan 2011 - December trading down 4.2% at UK pub and restaurant chains
• 13 Dec 2010 - Pubs and restaurants experience slow growth in November
• 16 Aug 2010 - Pub and restaurant chains achieve sales growth in July
• 18 May 2010 - Restaurant and pub groups see sales rise in April
• 16 Feb 2010 - Sales in pubs and restaurants down 5% due to cold weather
• 17 Aug 2009 - Big restaurant groups biting back against downturn
• 23 Jun 2009 - Pub and restaurant sales remain resilient

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