Fri 18th Aug 2023 - Managed group sales rose 7.8% in July for tenth successive month of year-on-year growth Managed group sales rose 7.8% in July for tenth successive month of year-on-year growth: Britain’s managed restaurant, pub and bar groups overcame widespread challenges to record a ninth successive month of year-on-year sales growth in June, the new Coffer CGA Business Tracker shows. The Tracker, produced by CGA by NIQ in partnership with The Coffer Group and RSM UK, reveals total like-for-like sales increased by 7.8% in July. Pubs have been the market leading segment since May 2022, when year-on-year tracking recommenced post-covid-19, with the past couple of months of sunshine providing an extra boost to sales growth. However, the stagnant temperatures and wet weather throughout July moved consumers back indoors, and pubs performed below the market average at 7% sales growth. Bars have continued to hold a similar position as seen in recent months, with like-for-like sales down 7.1% on last year. While a slightly negative period for pubs and bars, restaurants took up the redirected trade, boosting their like-for-like sales growth to a market leading 12.2% in July. Growth was steady across the country in July, with the performance gap between London and the rest of the country continuing to narrow. The Tracker shows managed groups' like-for-like sales growth within the M25 were unchanged from June, at 8.1%, whilst growth outside the M25 has risen again to 7.7%. Karl Chessell, director – hospitality operators and food, EMEA at CGA by NIQ, said: “As the hotter weather declined in July, the effect this has had on drink-led outlet sales has come as no surprise, especially considering the positive results from the more favourable weather we had in June. Whilst its disappointing to see the weather have a negative effect on drink-led outlets, the positive period for restaurants is encouraging, especially considering the negative results from last month’s Tracker and the continuing rising cost challenges the sector is facing.” Mark Sheehan, managing director at Coffer Corporate Leisure, added: “The mainstream eating and drinking out sectors are performing better. Consumers are continuing to go out and the outlook whilst challenging is looking better. We see optimism amongst many operators and are cautiously positive for the coming months.”