Young’s delivers ‘highest daily sales’ in company history over festive period

Pub operator Young’s has reported “exceptionally” strong trading over Christmas and New Year, with total managed revenue during the five-week festive period up 30.4%.

 

In its results for the 15 weeks ending 13 January 2025, the company revealed like-for-like sales over those five weeks grew by 11.6%, with combined like-for-like sales on key festive days, namely Christmas Eve, Christmas Day and Boxing Day, also up 10.5%.

 

Total managed revenue during the 15-week period jumped 26.1% and 7.9% on a like-for-like basis, improving the group’s year-to-date managed revenue like-for-like position to 5.5%.

 

Young’s attributes its recent success to the acquisition of the Cambridge-based City Pub Group, which has brought roughly 50 more pubs into its estate, as well as continued investment into its portfolio.

 

Simon Dodd, chief executive of Young’s, said: “We are very pleased with our excellent trading over the festive period, which reflects the rigorous planning, commitment and enthusiasm of our teams across the business. We continued to break sales records across the period, delivering some of the highest daily sales in Young’s history. Our recent pub investments performed exceptionally well across the period.

 

"Looking ahead, whilst we remain mindful of the headwinds facing consumers and the wider issues that our industry will encounter from the increase in both National Insurance contributions and National Living Wage, our business is in great shape, and we continue to be optimistic about the year ahead.”

 

Young’s operates 280 pubs across London and the south of England, as well as 1,025 rooms.