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Pubs Toast Record Christmas Sales Despite Cost Fears
16 Jan
Summary
- Pub groups saw strong Christmas trading, defying cost-of-living concerns.
- Mitchells & Butlers reported record sales on Christmas Day.
- Fuller's announced an 8.2 per cent sales increase over five weeks.
UK pub companies Mitchells & Butlers and Fuller's have announced strong Christmas trading results, indicating resilience against economic pressures.
Mitchells & Butlers, owner of brands like All Bar One and Toby Carvery, reported an 'exceptionally strong' festive season. Sales increased by 7.7 per cent from December 14 to January 3, compared to the previous year. The company noted record sales on Christmas Day, with particular strength observed across key holiday dates.
Fuller's also shared positive news, describing its trade as 'outstanding'. The pub operator recorded an 8.2 per cent rise in sales over the past five weeks, demonstrating continued consumer demand during the holiday period.
