shares of nightcap plc rose wednesday after the company said it expects to report marketbeating earnings for fiscal 2022 on pentup socializing demand and income following coronavirusrelated lockdowns the uk bar operator said net sales for the first quarter increased 68 to gbp76 million 103 million compared with the same period in 2019 when there were no covid19 restrictions likeforlike sales for the quarter at the london cocktail club were up 52 while adventure bar group sales were up 24 the net sales of the london cocktail club increased by 55 and the adventure bar group by 75 nightcap was built during the covid19 global pandemic to acquire and expand leading brands in the drinksled bar sector and whilst the macroeconomic climate remains uncertain we believe that this uncertainty is core to our opportunity chief executive sarah willingham said shares at 0846 gmt were up 250 pence or 13 at 2150 pence