Fast-Food Firm Mr Bigg’s Trim Q1 Loss Amid Store Closures
UAC Restaurants Limited, operator of the Mr Bigg’s and Debonairs Pizza quick service restaurant brands in Nigeria, reduced its first-quarter
UAC Restaurants Limited, operator of the Mr Bigg’s and Debonairs Pizza quick service restaurant brands in Nigeria, reduced its first-quarter loss in 2026 despite weaker revenue following the closure of some outlets.
The company posted revenue of ₦576 million in Q1 2026, a 6% year-on-year decline from ₦611 million in Q1 2025, which it attributed to the shutdown of some stores.
However, operating performance improved on the back of tighter cost controls. The segment recorded an operating loss of ₦143 million in the quarter, narrowing from a ₦241 million loss in the same period last year, according to an earnings release by its parent UAC of Nigeria.
Loss before tax also narrowed to ₦317 million in Q1 2026 from ₦390 million in Q1 2025.
UAC Restaurants Limited is a subsidiary of UAC of Nigeria and runs the business through a joint venture with South Africa’s Famous Brands, which bought a 49% stake in 2013.
