Cooks Coffee Company Limited Analysis

Overview

Cooks Coffee Company operates in world markets and is listed on the NZX market under the symbol of CCC. It has been listed since October 2008. It owns the intellectual property and master franchising rights to Esquires Coffee Houses worldwide (excluding New Zealand and Australia). CCC currently operates or franchises Esquires Coffee Houses in the United Kingdom, Ireland, the Middle East, Pakistan, Portugal and Indonesia.

Cooks Coffee Company was formed as Cooks Food Group Limited, after a memorandum of understanding was signed in January 2008 between Tasman Capital and Murdoch Foods, Sahara Foods and Cotterill and Rouse. It's name was changed to Cooks Coffee Company in March 2022.

The company’s Executive Chairman is the largest shareholder with 20% and in total 44% of the shares are held by Directors, Staff & Franchisees as at 30th June 2025.

Performance

The following information was extracted from Cooks Coffee Company Limited's Trading Update, released 3 July 2025

Highlights

• Group systemwide store sales in the UK and Ireland increased 27.8% to $23.2m (#10.2) million in Q1 FY26, Q1 FY25: $18.2m (#8.0 million), reflecting strong trading momentum.
• UK systemwide sales were up 29.7%, with like for like sales up 2.8%. Seven new stores opened during the quarter, with one closure, bringing the total UK store count to 77 as at 30 June 2025.
• Ireland systemwide store sales increased 23.4%, with like for like sales up 6.6%. Store numbers remained at 18, with one new large store opening in Mallow, County Cork and the planned closure of a small store in Castlecomer, County Kilkenny.
• The new Mallow store, located in Dairygold Co-op Super Store Garden Centre, has performed exceptionally well, becoming the Group’s top-performing store globally by sales.
• Continued growth in operating cash flow, driven by increased demand and strength of estate.
• Total Group sites increased to 95 across the UK and Ireland as at 30 June 2025, up from 89 at 31 March 2025.
• Strong pipeline of new stores anticipated in the UK, with opportunities in additional geographies actively being explored.

Keith Jackson Executive Chairman of Cooks Coffee Company, said: We are pleased to report another strong period of trading across our growing estate. It is encouraging to see the continued demand for our offering, and we remain committed to reaching over 100 stores operating in the UK and Ireland by the end of this calendar year. With the anticipated growth of our store network and the strong trading momentum across the Group, we are confident about the prospects.

The company signed a Master Franchise Agreement for India on 30th April 2025. The development of the brand in the rapidly growing Indian market