{"url":"https://newsforagent.com/news/2026-11-04/nandos-pre-tax-loss-sales-growth","markdown_url":"https://newsforagent.com/news/2026-11-04/nandos-pre-tax-loss-sales-growth.md","title":"Nando's Posts £11.3 Million Pre-Tax Loss as Sales Rise 2%","headline":"Nando's Swings to £11.3 Million Pre-Tax Loss Despite Revenue Growth to £1.51 Billion","description":"Nando's fell to an £11.3 million pre-tax loss for the year to February as energy, labour and food costs rose.","section":"Earnings & Results","published_at":"2026-11-04T07:46:08+00:00","modified_at":"2026-11-04T07:46:08+00:00","author":"News Desk","key_takeaways":["Nando's recorded an £11.3 million pre-tax loss for the year to February, down from a £38.2 million profit a year earlier.","Revenue rose 2% to £1.51 billion, supported by £116.6 million of capital investment.","Nando's opened 34 restaurants over the year, including 11 in the UK and Ireland, reaching 984 sites, and plans 15 more UK and Ireland openings this year."],"companies":[{"name":"Nando's","is_primary":true,"profile_url":"https://akta.pro/company-profiles/002gyyq/nando-s","website":"https://www.nandos.co.uk"}],"source":{"publisher":"The Independent","title":"Nando's reports pre-tax loss despite strong sales and expansion plans","url":"https://www.independent.co.uk/news/business/nandos-cost-pressures-loss-retuarant-b3078810.html"},"other_sources":[{"publisher":"TradingView","url":"https://www.tradingview.com/news/stockstory:b3b274753094b:0-wingstop-wing-reports-earnings-tomorrow-what-to-expect/"},{"publisher":"Simply Wall St","url":"https://simplywall.st/stocks/ph/consumer-services/pse-jfc/jollibee-foods-shares/news/why-jollibee-foods-bears-were-right-before-the-drop"},{"publisher":"BusinessWorld Online","url":"https://bworldonline.com/corporate/2026/10/28/789972/mang-inasal-systemwide-sales-rise-13-2-in-first-half/"}],"tags":["Earnings & Results","Nando's"],"body_markdown":"[Nando's](https://akta.pro/company-profiles/002gyyq/nando-s) recorded an £11.3 million pre-tax loss for the year to February, down from a £38.2 million profit a year earlier, even as revenue rose 2% to £1.51 billion. [The Independent](https://www.independent.co.uk/news/business/nandos-cost-pressures-loss-retuarant-b3078810.html) reported the figures from accounts filed with Companies House.\n\n## Nando's Cost Pressures and Expansion Plans\n\nNando's is a South African-origin fast casual chain specialising in flame-grilled PERi-PERi chicken, with 425+ company-owned locations in the UK and Ireland. The company attributed the swing to a loss to elevated energy, labour and food costs. Boss Rob Papps said the company's performance was \"positive\" in the face of a challenging backdrop for the sector.\n\n\"The macroeconomic environment remains uncertain, and we are mindful of the pressures facing both our business and our customers,\" Papps said. \"Nevertheless, we remain confident in our model and the long-term opportunity across all our markets.\"\n\nThe accounts show Nando's sales continued to grow over the six months to August this year, driven by robust consumer demand, though the company flagged that the \"operating environment remains challenging\". Nando's said some commodity prices have eased but cost pressures are broadly \"elevated\" due to geopolitical conditions and sustained global inflation. The group said it is managing the impact through initiatives in its markets, such as rolling out energy efficient grills in the UK and Ireland.\n\nThe performance was supported by £116.6 million of capital investment. Nando's opened 34 new restaurants over the year, with 11 in the UK and Ireland, taking it to 984 sites by the end of the year. Papps said: \"We are planning to open 15 new restaurants in the UK and Ireland this year, and in Australia, our drive-thru format has been a strong performer and continues to give us valuable learnings as we consider new formats.\"\n\n## Nando's Prior Year Results and UK Openings\n\nAccording to akta.pro [company records](https://akta.pro/company-data), Nando's revenue increased from £1.36 billion to £1.47 billion for the year ending February 2025, and the company returned to profitability with a pre-tax profit of £38.2m that year after losses in prior years. The same records show Nando's announced plans to open 14 new restaurants in the UK during the financial year following February 2025.\n\n## Wingstop, Jollibee and Mang Inasal Results\n\nWingstop will report earnings Wednesday before market open, after missing analysts' revenue expectations last quarter with revenue of $185.6 million, up 6.4% year on year, [TradingView](https://www.tradingview.com/news/stockstory:b3b274753094b:0-wingstop-wing-reports-earnings-tomorrow-what-to-expect/) reported. Jollibee Foods shares fell 30.7% over the past year to ₱142, with Q2 2026 revenue rising to ₱85.9B from ₱77.6B while net margin slipped to 3.8% from 4.0%, according to [Simply Wall St](https://simplywall.st/stocks/ph/consumer-services/pse-jfc/jollibee-foods-shares/news/why-jollibee-foods-bears-were-right-before-the-drop). Mang Inasal, a Jollibee Foods Corp. chain, reported a 13.2% systemwide sales increase in the first half of 2026 across more than 600 stores, [BusinessWorld Online](https://bworldonline.com/corporate/2026/10/28/789972/mang-inasal-systemwide-sales-rise-13-2-in-first-half/) reported.\n\n## Nando's New York Pop-Up and UK VAT Savings\n\nNando's opened its first-ever New York City location as a three-week pop-up at 341 Broome Street in SOHO, running from June 27 through July 11, 2026, according to akta.pro company records. The same records show Nando's passed on a temporary VAT reduction from 20% to 5% on children's meals under the UK government's Great British Summer Savings scheme from June to September 2026.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}