Cooks Coffee UK&I sales surge to £16.4m
The group also increased its portfolio from 75 sites to 83 sites in the UK and Ireland as at 29 September 2024
Cooks Coffee, the international coffee focused café chain, has reported a 26.0% increase in its group store sales to £16.4m for the 26 weeks of its financial year to 29 September 2024.
UK store sales were up 36.0% at £11.4m, while Ireland store sales increased 6.7% to £5.1m.
The group also increased its portfolio from 75 sites to 83 sites in the UK and Ireland as of 29 September 2024.
Additionally, Cooks Coffee is set to open 10 new outlets before the end of the financial year.
The company stated that it is “benefitting from positive operating cash flow reaffirming its positive trajectory and underscores its continued progress”.
The group said it will provide a full financial update for the six month period ended 30 September by the end of November 2024.
Aiden Keegan, CEO of Cooks Coffee Company, said: “We are delighted with the continued sales growth across our existing coffee store locations, as well as the strong performance of our newly opened stores.
“FY25 so far has been a record-breaking period for the company, and this achievement is a testament to the hard work and commitment of our entire team. As we look ahead, we are dedicated to providing exceptional in-store experiences and setting even higher benchmarks through the efforts of our local franchise owners.”