Gordon Ramsay’s UK restaurants stay in red despite sales topping £100m
Gordon Ramsay’s UK restaurant group reported sales exceeding £100 million for the first time, though the business remains in the red with a £5.8 million loss. Despite the losses, the company is expanding internationally and plans to focus on profitability and disciplined investment.
Why it matters
The report highlights the ongoing financial challenges faced by high-end hospitality groups despite strong brand recognition and global expansion efforts.
Gordon Ramsay has several restaurants in the 22 Bishopsgate tower in London, including Lucky Cat. Photograph: Gordon Ramsay Restaurants/PA Gordon Ramsay has several restaurants in the 22 Bishopsgate tower in London, including Lucky Cat. Photograph: Gordon Ramsay Restaurants/PA Gordon Ramsay Gordon Ramsay’s UK restaurants stay in red despite sales topping £100m Group says trading was helped by airing of Netflix documentary and opening of its 100th outlet
Prefer the Guardian on Google The UK arm of Gordon Ramsay ’s restaurants empire remained in the red last year despite sales topping £100m for the first time after a string of openings in a London tower.
The celebrity chef’s UK business, which has 34 outlets including the Savoy Grill, Pétrus and several Lucky Cat restaurants, narrowed losses to £5.8m from £9.4m the year before. Sales rose 3% to almost £101m.
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