Pret returns to profitability as suburban shops boost sales

The coffee and sandwich chain, which has traditionally relied very heavily on office workers walking into shops and buying meals, said half-year revenue hit €415m

Pret said revenue across the UK surpassed pre-pandemic levels in 2019 for the first time in May.

Pret A Manger Ltd. is profitable again after Britons resumed eating out as they returned to offices post-lockdown and a strategy to expand sandwich stores to suburbs began to pay off.

The coffee and sandwich chain, which has traditionally relied very heavily on office workers walking into shops and buying meals, said half-year revenue hit £357.8m (€415m), soaring by 230% compared to last year when Covid lockdowns widely impacted retail businesses. Pret’s revenue is also up 160% on the same period in 2020, according to a statement Monday.