Today’s news in brief – 08/02/24
UberEats revenues rose 19% year-on-year to $17bn (£13.4bn) during Q4 2023. According to the group, its total booking revenues increased by 22% year-on-year to $37.6bn (£29.8bn) during the same period. Combined mobility and delivery revenues at the company also grew 22% year-on-year to $8.7bn (£6.8bn).
Star Pubs reported total sales across Six Nations opening weekend rose 42%, as rugby fans flocked to their local pubs to watch live sport. In terms of drinks, sales were up 43% with pints being the drink of choice with an uplift of 14%.
Hawksmoor revenues rose 20% to £90m in 2023, with its established restaurants delivering EBITDA margins in excess of 20%. During the year, the group opened another international restaurant – Hawksmoor Dublin – in May, which hit weekly sales highs in excess of €230k (£196k).
NFL appointed ETM Group, ARC Inspirations and Regional Taverns as official UK partners for the 2024 season. ETM Sports Pubs and Kitchens will serve as the home of NFL hospitality in London, while ARC Inspirations and its BOX venues serve as flagships in the Midlands and the North of England.
