Slower growth in China failed to dent overall gains at Costa, as the coffee chain helped buoy third-quarter revenues at Whitbread.
The FTSE 100 company said like-for-like sales growth from its 200 stores in China – a big focus for coffee makers’ expansion – fell from 19 per cent in the first half, but was still “comfortably in double-digits” during the 13 weeks to the end of November.
Costa on Tuesday reported a 7.1 per cent increase in overall like-for-like sales boosted by caffeine-hungry Christmas shoppers and, some analysts suggested, the woes of its US-based rival Starbucks.
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