Young & Co.'s Brewery (YNGA) Q3 2025 TU earnings summary

Executive summary

• Achieved exceptional trading during the Christmas and New Year period, with record-breaking daily sales and strong performance from recent pub investments.

Financial highlights

• Total managed revenue for the five-week festive period ending 13 January 2025 up 30.4% year-over-year; like-for-like sales up 11.6%.

• Combined like-for-like sales for Christmas Eve, Christmas Day, and Boxing Day up 10.5% year-over-year.

• Total managed revenue for the 15 weeks ending 13 January 2025 increased 26.1% year-over-year; like-for-like up 7.9%.

• Year-to-date managed revenue like-for-like growth improved to 5.5%.

Outlook and guidance

• Maintains optimism for the year ahead despite anticipated headwinds from increased National Insurance contributions and National Living Wage.