ProCook Group plc (LSE:PROC) reported record peak-season performance in its third quarter to 4 January 2026, with total revenue rising 28% year on year to £32.8 million. Like-for-like sales increased 17.2%, marking the ninth consecutive quarter of overall revenue growth and highlighting continued momentum across the business.
Retail revenue advanced 26.8%, supported by new store openings and a tenth straight quarter of positive like-for-like growth. Ecommerce also performed strongly, with sales up 30%, driven by nearly 29% like-for-like growth as higher customer traffic and improved average order values lifted online performance. The group said it outpaced the wider UK kitchenware and kitchen electricals market by around 30 percentage points during the period.
Strong trading translated into solid cash generation, leaving ProCook with £7.8 million of net cash at quarter end and £23.8 million of total available liquidity. During the quarter, the company opened four new stores in high-profile locations, taking year-to-date openings to ten as it continues to build out its physical retail footprint.
Beyond financial performance, ProCook enhanced its sustainability and workplace credentials, improving its B Corp score following recertification and retaining its Great Place to Work status. Looking ahead, management said it remains on track for a robust full-year outcome, with revenue and cash generation expected to be slightly ahead of market expectations and profitability broadly in line. This outlook is supported by ongoing investment aimed at accelerating market share gains and progressing towards medium-term targets of 100 UK stores, £100 million in annual revenue and a 10% operating margin.
While the outlook is underpinned by strong recent trading and positive technical signals, the company also faces risks linked to relatively high leverage and valuation levels. Limited disclosure around earnings calls and corporate events provides less visibility beyond the reported figures.
More about ProCook Group plc
ProCook Group plc is a UK-based direct-to-consumer specialist kitchenware brand that designs, develops, and retails its own high-quality cookware and kitchenware ranges. Products are sold through its ecommerce platform and a growing network of 75 own-brand stores across the UK. Headquartered in Gloucester, the group employs more than 700 people and positions itself as a socially responsible B Corp, Real Living Wage employer, and certified Great Place to Work.
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