Pub groups sales up over 10% in January

15/02/2011

UK restaurant and pub groups performed well in January, with like-for-like sales up 10.7% on the same period last year, according to monthly sales monitoring report the Coffer Peach Business Tracker.

Total sales, including the effect of new openings, were up 11.4%. December like-for-like sales were down 4.2% on 2009 because of adverse weather.

”The positive news this past month will be tempered by the fact that January last year was itself badly affected by snow with like-for-like sales then down 5% on 2009,” said Peach Factory’s Peter Martin. “However, the double-digit recovery this year more than compensates for that and will encourage operators into hoping that this performance may be more than just a readjustment.”

”January is traditionally a slow trading period, and month-on-month sales were down –28.5% on December,” added Martin. “However, we are comparing the four trading weeks of January with the five of December, so it is actually not a bad result at all.”

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