REG - Cooks Coffee Company - Trading Update

Cooks CoffeeAnnouncement

02/07/2025 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250702:nRSB2502Pa&default-theme=true

RNS Number : 2502P  Cooks Coffee Company Limited  02 July 2025

2 July 2025

Cooks Coffee Company Limited

("Cooks Coffee", the "Company" or the "Group")

 

Trading Update

 

Cooks Coffee Company (NZX:CCC; AQUIS:COOK), the international coffee focused
café chain, is pleased to provide a trading update, on the systemwide
performance for its Esquires (The Organic Coffee Company) branded franchised
stores, in the UK and Ireland, for the first quarter of the financial year
ending 31 March 2026 ("Q1 FY26").

 

 

Highlights

 

·    Group systemwide store sales in the UK and Ireland increased 27.8% to
£10.2 million in Q1 FY26 (Q1 FY25: £8.0 million), reflecting strong trading
momentum.

 

·    UK systemwide sales were up 29.7%, with like for like sales up 2.8%.
Seven new stores opened during the quarter, with one closure, bringing the
total UK store count to 77 as at 30 June 2025.

 

·    Ireland systemwide store sales increased 23.4%, with like for like
sales up 6.6%. Store numbers remained at 18, with one new large store opening
in Mallow, County Cork and the planned closure of a small store in
Castlecomer, County Kilkenny.

 

·    The new Mallow store, located in Dairygold Co-op Super Store Garden
Centre, has performed exceptionally well, becoming the Group's top-performing
store globally by sales.

 

·    Continued growth in operating cash flow, driven by increased demand
and strength of estate.

 

·    Total Group sites increased to 95 across the UK and Ireland as at 30
June 2025, up from 89 at 31 March 2025.

 

·    Strong pipeline of new stores anticipated in the UK, with
opportunities in additional geographies actively being explored.

 

 

Aiden Keegan, CEO of Cooks Coffee Company, said: "We are pleased to report
another strong period of trading across our growing estate. It is encouraging
to see the continued demand for our offering and we remain committed to
reaching  over 100 stores operating in the UK and Ireland by the end of this
calendar year. With the anticipated growth of our store network and the strong
trading momentum across the Group, we are confident about the future
prospects."

 

 

Enquiries:

 Cooks Coffee Company Limited                                         +64 21 702 509 (New Zealand)
 Keith Jackson (Executive Chairman)                                   keith.jackson@cookscoffeecompany.com

                                                                    (mailto:keith.jackson@cookscoffeecompany.com)
 Aiden Keegan (Chief Executive)
                                                                      +44 (0) 7980 608 440 (UK)

                                                                      aiden@esquirescoffee.co.uk (mailto:aiden@esquirescoffee.co.uk)

                                                                      +44 (0) 20 3934 6630 (UK)
                                                                      ukinvestorrelations@cookscoffeecompany.com
                                                                      (mailto:ukinvestorrelations@cookscoffeecompany.com)

 IFC Advisory Limited (Financial PR & IR)                             +44 (0) 20 3934 6630
 Graham Herring, Florence Staton                                      cookscoffee@investor-focus.co.uk (mailto:cookscoffee@investor-focus.co.uk)

 Allenby Capital (AQSE Corporate Adviser and Broker)                  +44 (0) 20 3179 5300
 James Reeve, Dan Dearden-Williams, Ashur Joseph (Corporate Finance)

 Guy McDougall / Tony Quirke (Sales and Corporate Broking)

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NEXFLFLFDFILIIE