JD Wetherspoon
Reporting focuses on the operations, strategy, and financial performance of one of the UK’s most prominent pub chains, including estate changes, menu pricing, leadership commentary, shareholder updates, and brand positioning. Coverage provides insight into high-volume hospitality models, value-led trading, and how large-scale operators respond to market pressures and consumer trends.
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Oct- 2023 -6 OctoberNews
Today’s news in brief – 06/10/23
JD Wetherspoon revenues increased by 10.6% to £1.9bn for the year ending 30 July. Compared with FY19, like-for-like sales for the year grew by 7.4%, driven by increases in bar sales, food sales, slot/fruit machine sales, and hotel sales. Compared with FY22, like-for-like sales increased by 12.7%. Operating profit rebounded…
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6 OctoberNews
Wetherspoon revenues rise 10% to £1.9bn in FY23
JD Wetherspoon reported a 10.6% revenue increase to £1.9bn for the year ended on July 30 2023. Compared to FY19, like-for-like sales for the financial year increased by 7.4%. Bar sales increased by 2.1%, food sales by 13.7%, slot/fruit machine sales by 43.0% and hotel sales by 15.4%. Like-for-like sales,…
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Sep- 2023 -22 SeptemberNews
Today’s news in brief – 22/09/23
Comptoir Libanais reported revenues of £14.8m for the six months ending 2 July, a 2.1% increase. However, adjusted EBITDA profits were down 73.7% from 2022 levels to £1m due to challenges in the trading environment. Like-for-like sales increased by 6%, with dine-in sales growing by 8.1%. Delivery sales declined in…
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22 SeptemberPubs and Bars
JD Wetherspoon puts new pubs up for sale
JD Wetherspoon has confirmed that it has put a further 11 pubs across England and Wales up for sale. CBRE and Savills have both been appointed to oversee the sales of the pubs which are mainly freehold properties with one leasehold property. The company has confirmed that all the pubs…
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Aug- 2023 -24 AugustPeople
Tortilla appoints new director to board
Tortilla has announced that Keith Down will join its board as a non-executive director, with effect from today (24 August). The Mexican chain said Down brings a wealth of leadership experience gained across a broad range of consumer-focused businesses. He has held senior positions at companies operating across a wide…
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Jul- 2023 -13 JulyPubs and Bars
Wetherspoon lowers debt as sales jump 11.5%
J.D Wetherspoon has announced that its like-for-like sales have risen 11.5% for the first 10 weeks of Q4, compared with the same period in FY22. Alongside this, its like-for-like sales were up 11% compared with the same period in FY19, the last period before the pandemic. In the current financial…
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May- 2023 -17 MayComment
How can the hospitality sector prepare for the busy summer months?
Despite current economic headwinds, many businesses in the hospitality sector are looking for new ways of furthering growth opportunities in the upcoming summer months. In their 2023 sector outlook, Barclaycard revealed that consumer card spending on hospitality and leisure increased 10.6% year-on-year in 2022, as the lifting of all Covid-19…
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10 MayNews
JD Wetherspoon on track for record year as Q3 sales rise by 9.1%
JD Wetherspoon has said it is on course for record sales this year as sales rose by 9.1% in the 13 weeks to 30 April 2023, compared to the same period in the last full financial year before the pandemic. It comes as sales reported in Easter week were the…
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Mar- 2023 -27 MarchPubs and Bars
JD Wetherspoons returns to profit but warns of inflation impact
Pub chain JD Wetherspoons has returned to profit in H1, with profit before tax reaching £4.6m for the 26 weeks ended 29 January after a £26.1m loss the prior year. Nonetheless, this was still below the £50.3m profit reported for the same period in 2019. However, the group’s like-for-like sales…
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Dec- 2022 -22 DecemberPubs and Bars
JD Wetherspoon lists 32 pubs for sale
JD Wetherspoon has put 32 pubs across England on the market, with CBRE and Savills appointed to market the pubs. The group, which operates around 800 pubs in the UK and Ireland, said it was a “commercial decision” with more than half located in London and the south-east. The sites…
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