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Mon 20th Jan 2025 - Caffe Nero reports record Christmas trading |
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Caffe Nero reports record Christmas trading, registering its highest ever single day of sales at £1.5m: Caffè Nero has reported record sales for the five-week Christmas trading period in the UK, recording two record sales weeks and its highest ever single day of trading on Saturday, 30 November. The company said that overall sales for this period were up 14% over last year. For the five festive weeks through to Monday, 30 December, Caffè Nero in the UK saw like-for-like sales up 9% compared with the same period the previous year, and for the first time, sales in a single week of more than £9m were recorded for two consecutive weeks. During the period, Caffè Nero registered its highest ever single day of sales at £1.5m, the equivalent to its first full year of trading in 1997. The brand also saw a record number of customers served in a single week during the week of 9 December. More than two million customers were served in the UK in a single week for the first time, which was 3.3% customer growth on the same period the previous year, with more than 40% of all transactions coming via its app. Founder and group chief executive Gerry Ford said: “I'm very pleased with how we performed over the festive period. Despite a challenging macroeconomic climate and the impact of two very disruptive storms, we performed extremely well. The record number of customers who chose to visit our stores shows we are continuing to gain market share and the strength of our store teams and the impact our festive menu made a real difference. Not only did we serve two million customers in the UK during the festive period, but we sold 175,000 tiramisu lattes and 100,000 mince pies.”
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