Costa’s sales continue to grow
17 June, 2009
Costa Coffee is still seeing sales growth despite “harsh economic conditions”, announced parent company Whitbread yesterday.
The coffee chain saw sales rise by 18.5% for the 13 weeks to 28 May 2009 and a 2.6% increase in like-for-like sales.
The company said Costa has delivered “a market-leading sales performance”, and has benefited from its marketing campaign – ‘7 out of 10 coffee lovers prefer Costa’.
Sales in its franchise units, both overseas and abroad, rose by 27% to £44m. It opened a net 49 UK stores in the quarter, bringing its UK total to 930.