KotiPizza: same-store sales increased significantly

Helsinki / FI. (kpg) KotiPizza chain same-store sales increased by 8.4 percent in the recent financial year, Finland’s KotiPizza Group Oyj said in a news release. Total sales of restaurants in the KotiPizza chain, part of KotiPizza Group, grew by 14.7 percent in September 2018 compared to the year before. Same-store sales, based on sales figures from 252 restaurants, rose by 8.4 percent.

In 2018, the sales in September amounted to 10.9 million EUR compared with the 9.5 million EUR in the previous year. September 2018 included, the chain’s sales have risen for 42 consecutive months.

The chain’s brick-and-mortar restaurants increased their sales by 15.8 percent and shop-in-shop locations by 8.5 percent. Online store sales grew by 86.8 percent to
1’406’000 EUR. Figures for online sales are mainly based on the sales reported by 83 restaurants offering home delivery and count towards the sales of brick-and-mortar restaurants.

Since the beginning of the financial year (01 February to 30 September), cumulative chain sales have increased by 15.9 percent compared to last year, amounting to 80.1 million EUR.

Total sales of restaurants in the Chalupa chain, part of KotiPizza Group Oyj, grew by 25.9 percent in September 2018 compared to the year before. In September 2018, the sales amounted to 202’000 EUR. Same-store sales, based on sales figures from 9 restaurants, decreased by 12.0 percent.

Total sales of restaurants in the Social BurgerJoint chain, part of KotiPizza Group Oyj, grew by 295.6 percent in September 2018 compared to the year before. In September 2018, the sales amounted to 273’000 EUR. The sales figures represent 11 days’ worth of sales in the new Social BurgerJoint restaurant that was opened in the Redi shopping centre in Helsinki on September 20. Same-store sales in September 2018 grew by 7.4 percent and they are based on sales figures from one restaurant.

The sales of No Pizza, part of KotiPizza Group Oyj, amounted to 49’000 EUR in September 2018.

KotiPizza is a Finnish pizza chain founded in 1987. At the end of financial year 2017, the number of restaurants stood at 266. In the financial year 2017, the total sales of KotiPizza restaurants amounted to EUR 106.3 million. The KotiPizza chain and KotiPizza Oyj operating the chain are part of the KotiPizza Group, alongside the supply and logistics company Helsinki Foodstock Oy, Chalupa Oy that operates the Mexican-style restaurant chain Chalupa, The Social Burger Joint Oy that operates the Social BurgerJoint restaurant chain, as well as the NoPizza restaurant concept, aimed for international markets, that opened its first restaurant in June 2018.

bakenet:eu