Pub groups see small sales decline in July year-on-year

Pub groups see small sales decline in July year-on-year

Managed pub and restaurant groups saw collective like-for-like sales growth of 1.2% in July against the same time last year, figures from the Coffer Peach Business Tracker show.

However, year-on-year, managed pubs saw a small decline of 0.2%.

While restaurant groups saw like-for-like sales up 3.8% in July 2019, compared to July 2018, when trading was hit by the World Cup, and hot weather, those things were a boost for the pub industry. Consequently, in 2019, managed pubs saw sales slip back in July, but only to -0.2%.

Regionally, pubs held up better in London, with like-for-like growth of 0.1%, against a 0.3% decline outside.

“Considering the barnstorming July that pubs had last year, holding relatively steady this July will be seen as a good performance,” says Karl Chessell, director of CGA, the business insight consultancy that produces the Tracker, in partnership with Coffer Group and RSM. “Following a good showing in June when collective like-for-likes across the sector grew 1.4%, the eating and drinking-out market is showing some resilience. Nevertheless, with Brexit looming, there will be real nervousness about a crash in autumn.”

“These figures are very much ‘steady as she goes’ for both the pub and restaurant sectors. Pub like-for-likes were always going to be challenging against a World Cup year and the exceptional weather of 2018,” says Trevor Watson, executive director, valuations at Davis Coffer Lyons. “Decent weather in 2019 as well has no doubt helped sustain performance on the wet-led side. We continue to see very good results from quality operators with good demand for new sites across the country from both established and emerging operators across both sectors.”

The Coffee Peach Business Tracker collects sales figures directly from 54 leading companies including Alchemist, Bermondsey Pub Company, BrewDog, Coaching Inn Group, Dominion Hospitality, Drake & Morgan, Fuller Smith & Turner, Greene King, Hall & Woodhouse, Laine Pub Co, Liberation, Loungers, Marston’s, Peach Pubs, Punch Pub Co, Revolution Bars, Snug Bar, and Stonegate Pub Co, among others.