Kotipizza sees record-breaking sales in March

Total sales for restaurants in the Kotipizza chain, part of Kotipizza Group Oyj, grew 19.4 percent in March 2018 compared with the year before. Same-store sales, based on figures from 237 restaurants, rose 13.6 percent.

In 2018, March sales came to more than $12.5 million, compared with $10.4 million in the previous year. March 2018 boasted the best sales in Kotipizza's history, as monthly sales exceeded $12.2 million for the second time — the first time being December 2017. Including March, sales have risen for 36 consecutive months.

In March, a new record was also set for the all-time highest monthly sales at an individual Kotipizza restaurant, as Kotipizza Levi reached sales of over $202,600. The previous record for monthly sales at an individual restaurant, $171,900, was set by Kotipizza Levi in March 2017.

Sales at the chain's brick-and-mortar restaurants increased 20.7 percent; sales at shop-in-shop locations rose 12.6 percent. Online store sales grew 45.5 percent to $1.257 million, exceeding the 1 million euro mark the first time. Figures for online sales are mainly based on reporting by 78 restaurants that offer home delivery. These sales count toward sales of brick-and-mortar restaurants.

Since Feb. 1, the beginning of the company's financial year, cumulative sales for the chain have increased 19.5 percent compared with last year, amounting to $23.2 million.

Total sales for restaurants in the Chalupa chain, part of Kotipizza Group Oyj, grew 43.8 percent in March 2018 compared with the prior year period. March sales amounted to $235,000. Same-store sales, based on figures from seven restaurants, decreased 24.7 percent.
 


Topics: Business Strategy and Profitability, Franchising & Growth


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