Can anything shut down the Gold rally?
LONDON - Cooks Coffee Company (NZX:CCC; AQUIS:COOK) reported a 26.9% increase in systemwide store sales across its UK and Ireland operations for the 26 weeks ended September 28, according to a trading update released Monday.
The international coffee-focused café chain saw UK store sales rise by 26.7%, while Ireland operations posted a 27.4% increase. Like-for-like sales growth reached 3.5% in the UK and 6.4% in Ireland.
The company expanded its footprint during the period, opening eleven new stores in the UK and two in Ireland. As of September 28, the Group operates 77 stores in the UK and 20 in Ireland.
Stores opened since April 2024 contributed 36% of total revenue for the financial year to date, highlighting the impact of the company’s recent expansion efforts.
The company achieved a weekly sales record of £0.87 million during the reporting period across its combined UK and Ireland operations.
"We are pleased to report strong momentum across the Group in the first half of FY26," said Aiden Keegan, CEO of Cooks Coffee Company, in the press release. "Ireland continues to outperform, with the success of our new Mallow store setting benchmarks for the brand."
The trading update covers the first half of the company’s financial year, which will end on March 31, 2026.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.