On-premise sales for the 12-week period ending January 29th, 2022 were up 17% over the same period two years ago, indicating that on-premise business is back to pre-pandemic times.
Not surprisingly, sales were much higher over one year ago in the middle of the pandemic with on-premise sales up 34% for the same 12-week period ending January 29th.
According to the CGA report, “Velocity and week-on-week performance continue to follow a very similar pattern to 2019 & 2020, further reinforcing that the on-premise has returned to normal seasonal trading patterns. Latest trends have been flat or slightly positive, with a +3% increase to January 22 followed by flat trends (0%) in the most recent week. This performance is comparable to pre-covid trends of 2019 and 2020, slightly outperforming those years by +7% and +2% respectively.”
CGA is a firm that tracks and consult on the on-premise channel in many countries around the world. See the full report here.