Revolution Bars Group has reported sales rose 3.5% to £81.2m in the 26 weeks to 28 December 2019. Like-for-like sales for the period improved by 1.2%. Quarter One like-for-like sales were +0.7%, but improved to +1.7% in Quarter Two on the back of a strong performance in the lead up to Christmas.
The four-week festive period saw like-for-like sales grow 4%, a seventh consecutive year of festive growth.
The Revolución de Cuba sub-brand achieved ‘strong’ like-for-like sales growth of 5%. Revolution’s like-for-like sales were down 0.4%, a much-improved trend on FY19.
Chief executive Rob Pitcher said, “We have continued to make significant progress revitalising the Revolution brand and further improving the performance of Revolución de Cuba. Having stabilised the business in FY19, FY20 is about consolidation and the benefits of the many actions that we have taken are beginning to be realised. Half Two 2020 has started encouragingly and should we continue on our current trajectory then the board is confident the business will be well-positioned to resume site expansion in FY21.”