Highlights
- Group store sales increased 22.8% to NZ$95.8 million during FY26.
- Normalised EBITDA rose 27%, reflecting improving operational performance.
- International expansion gained momentum with new agreements in India and the UAE.
Overview
Cooks Coffee Company Limited (NZX:CCC) delivered strong FY26 growth as expanding store numbers and higher sales supported improved financial performance. Group store sales rose to NZ$95.8 million, while normalised EBITDA increased 27% year over year. The company continued to strengthen its presence across the UK and Ireland, with total Esquires-branded locations reaching 105 stores. Revenue growth was supported by Franchise expansion, contributions from managed stores, and strategic partnerships. The company also advanced its international growth strategy through new market agreements in India and the UAE, providing additional opportunities for future expansion.
What Drove Cooks Coffee’s FY26 Growth?
The company's performance was supported by strong sales growth across its UK and Irish operations, alongside an expanding store network. Total Esquires-branded locations increased during the year, while average store sales also improved. Franchise-led growth remained a key contributor, particularly in Ireland, where store numbers and sales continued to advance.
Strategic partnerships and contributions from managed stores further strengthened results. The Business also reported lower Debt levels, improving its overall financial position and supporting future growth initiatives.
How Is Cooks Coffee Positioning for Future Expansion?
Cooks Coffee continues to focus on network expansion across existing and new markets. During FY26, the company strengthened its international footprint through agreements to enter India and the UAE while continuing to grow in the UK and Ireland.
Management highlighted strong trading momentum entering FY27, with additional stores already opened and further locations committed. The company remains focused on supporting franchise partners, maintaining Brand standards, and expanding customer reach through its differentiated café offering and disciplined growth strategy.
FAQs
Q: Why did Cooks Coffee report strong FY26 growth?
A: Growth was driven by higher store sales, network expansion, franchise development, and stronger contributions from managed stores.
Q: How many Esquires stores does Cooks Coffee operate?
A: The company ended FY26 with 105 Esquires-branded stores across the UK and Ireland.
Q: What is supporting Cooks Coffee’s future growth plans?
A: Continued store expansion, franchise demand, international market entry, and strong trading momentum are supporting the company’s outlook.
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