Legal
Greggs’ total sales up 7.4% in first 20 weeks
Like-for-like sales in company-managed shops grew by 2.9%.
Bahrain hospitality firm Al Abraaj Restaurants Group adds bitcoin to treasury
The company claims to be the first in the Middle East to do so.
Potato Corner parent posts 6% uptick in Q1 net income
The group expects to add 430 outlets this year.
Jollibee reports 8.1% dip in Q1 net income
The group said this was due to ‘non-operational factors’.
Kimly’s net profit down by 15.6% to $14.8m in H1 2025
The group has declared an interim dividend of $0.01 per share.
Sapphire Foods India reports lower sales for Pizza Hut in Q3
The group called it a ‘disappointing’ quarter.
DoorDash buys Deliveroo for £2.9b
The buyout proposal was submitted on 5 April.
Americana Restaurants’ net profit up by 16.5% in Q1 2025
This was due to revenue growth and improved gross margin through cost initiatives.
Yum China sales up by 2% YoY in Q1 2025
The company has declared a cash dividend of $0.24 per share on its common stock.
Luckin Coffee net revenue surges 41.2% in Q1
Revenues from self-operated stores also increased by 41.5%.
Shakey’s Pizza Asia profits up 11% in 2024
Systemwide sales (SWS) are at $385m (PHP21.7b), up by 17%.
Domino’s total system sales up 2.1% in Q1
Like-for-like sales were up by 0.5%.
Devyani acquires Indian F&B operator Sky Gate Hospitality for $49.1m
The deal is expected to be completed in May.
Nothing Before Coffee secures $2.3m in Pre-Series A funding
The fresh funds will be used to open 150 new cafes by 2026.
Wingers’ like-for-like net sales up 40% in Q1 2025
Monthly sales also doubled compared to March of the previous year.
CHAGEE aims to raise $411m US IPO
It has an expected price range of US$26 to US$28 per share.
Commentary
Numbers Into Nourishment: How Hospitality Businesses Can Grow With Data