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Costa boosts sales at Whitbread

The continued expansion of the Costa coffee chain helped Whitbread’s total sales to rise by 13.2% in the 13 weeks to 27 November.

GENERAL MERCHANDISE

Costa boosts sales at Whitbread

The continued expansion of the Costa coffee chain helped Whitbread’s total sales to rise by 13.2% in the 13 weeks to 27 November.

Costa continued its strong performance in the period with total sales growth of 17% and UK like-for-like sales growth of 5.2%.

The chain has opened 127 net new stores in the UK in the year to date and plans to open around 230 net new stores worldwide and to install around 800 Costa Express units in the full year.

Andy Harrison, Whitbread chief executive, said: "As we said in our interim results on 21 October, our strong trading momentum has continued into the third quarter, with total sales growing by 13.2% and like-for-like sales up 6%.

“We remain confident of delivering full year results in line with expectations, mindful that the fourth quarter last year was particularly strong, boosted by the absence of snow.”  

 

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