Friday 21 June 2024
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Caffè Nero reports its 80th quarter in a row of like-for-like sales growth

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LONDON, UK – London-based coffee chain Caffè Nero recorded its 80th quarter in a row of like-for-like sales growth.

The company, which was founded in 1997 by American businessman Gerry Ford, announced yesterday its UK results for the period from June 1 2016 to May 31 2017.

Revenue was up 8%, while like-for-like sales grew by 2.8 %. In the period from June 1 2017-December 31 2017, global like for like sales also grew by 3.7%.

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