Group linked to Scottish Labour leader Anas Sarwar returns to profit January 8, 2025 A company linked to Scottish Labour leader Anas Sarwar has returned to the black, according to its most recently revealed set of accounts. Glasgow-based Hero Brands, whose portfolio includes German Doner Kebab, Island Poké and Choppaluna, has reported a £3.8m pre-tax profit for 2023. The new figure has been revealed in a statement while its [...]
Wingstop more the doubles sales and returns to profit amid UK expansion December 19, 2024 Wingstop has more than doubled its sales as it continued its UK expansion, created hundreds of jobs and returned to profit, it has been revealed. The restaurant chain, which is known for its buffalo wings, has reported a turnover of £84.6m for the 12 months to 31 March, 2024, new documents filed with Companies House [...]
Domino’s Pizza profit sliced by £3m Budget tax hit December 9, 2024 Domino’s Pizza has forecast a £3m tax hit from the Budget as the firm targets a push to open hundreds of new stores across the UK. “As with other major employers in the UK, the recent UK budget has significantly increased the cost of labour for both Domino’s Pizza and our franchise partners, who are [...]
Domino’s Pizza: Firm back on track as sales outpace estimates November 6, 2024 Domino’s Pizza has reported a return to positive sales growth as the firm’s efforts to improve the customer experience have paid off. The fast-food chain told markets this morning that orders grew by 3.5 per cent in the third quarter to 17.4m. This was driven by deliveries rather than collections, with the former up 6.6 [...]
DP Poland: Sales at Eastern European Domino’s Pizza owner jump November 4, 2024 DP Poland, the owner of Domino’s Pizza in Poland and Croatia, has announced double-digit growth as its bet on franchising has paid off. The group holds the master franchise rights to the Domino’s brand and network in Poland and Croatia, with 111 locations across Poland and five across Croatia. In Poland, sales increased by 19 per cent [...]
Mcdonald’s UK profit slashed by over £100m October 28, 2024 Profit at Mcdonald’s UK restaurants was slashed by more than £100m in 2023 despite its turnover taking a big stride towards the £2bn mark. The US fast food giant has reported a pre-tax profit of £66.3m for its UK operations, down from the £170.8m it achieved in 2022. Mcdonald’s operating profit was cut from £165.4m [...]
Taco Bell returns to profit ahead of administration woe October 11, 2024 The UK and European arm of Taco Bell returned to profit in 2023 ahead of one of its franchise partners entering administration. The Surrey-headquartered division has reported a pre-tax profit of $2.2m (£1.6m) for 2023. The total comes after Tac Bell reported a pre-tax loss of $1.8m (£1.3m) for 2022. Newly-filed accounts with Companies House [...]
Chick-fil-A rolls out first of UK expansion plans as it reveals new locations September 25, 2024 Chick-fil-A has announced its first UK locations set to debut next year as the US fast food chain looks to invest tens of millions of pounds into local communities over the next decade.
Five Guys: Revenue surges by £90m as loss slashed at burger chain September 20, 2024 Sales at the European arm of Five Guys surged by more than £90m as it slashed its loss by over 50 per cent during its latest financial year. The London-headquartered division has reported a revenue of £542.9m for 2023, up from the £452.3m it achieved in 2022. Newly-filed accounts with Companies House also show that [...]
Mcdonald’s empire hopes new Mcflurry flavours will keep customers happy after ‘bold’ price rises September 16, 2024 “Bold” price rises at a McDonald’s franchise empire helped sales jump by more than £15m during its latest financial year. Run by Andrew Gibson, AG Restaurants runs 27 sites in Glasgow, employs more than 3,000 people and is one of the largest in the UK. The business has reported a turnover of £135.2m for 2023, [...]