By Anthony O. Goriainoff

Coffee and snacks company SSP said like-for-like sales rose in its fiscal first quarter, when it continued to expand in North American airports, and confirmed its guidance for the year.

The company, which operates chains including UpperCrust and Ritazza across airports and railway stations, said like-for-like sales rose 5% in the three-month period through Dec. 31.

Sales in North America rose 4% year-on-year on a constant-currency basis, mostly driven by net gains as it continued to expand its share at the 57 airports in which it operates. However, like-for-like sales in the region rose by just 1%, dragged by seasonal fluctuations and the U.S. government shutdown.

In Europe, sales rose 1% on a constant-currency basis and by 2% on a like-for-like basis despite weak consumer sentiment and lower spending levels in several markets.

Both constant-currency and like-for-like sales in the U.K. and Ireland rose by 8%.

The company has guided for earnings per share at the top end of a 12.9 pence to 13.9 pence (17-19 cents) range, excluding the expected benefit of a share buyback.

Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com

(END) Dow Jones Newswires

January 23, 2026 02:53 ET (07:53 GMT)

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