Wetherspoon
Coverage examines the strategy, trading performance, and estate decisions of one of the UK’s largest pub operators, known for high-volume sites and value-led pricing. Reporting includes updates on site closures and refurbishments, menu and drinks pricing, leadership commentary from Tim Martin, shareholder communications, and operational efficiency measures. Insight is tailored for pub operators and suppliers tracking budget-led models, city-centre trading patterns, and group-level adaptation to inflationary and consumer headwinds.
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Jan- 2025 -23 JanuaryNews-In-Brief
Today’s news in brief – 23/01/25
Wetherspoon has reported that LFL sales rose 5.1% in the first half, having benefited from a 6.1% uplift in LFL sales for the main Christmas period between 16 December and 5 January. However, the pub group is bracing for debt levels to be in the range of £680m and £700m,…
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23 JanuaryPubs and Bars
Wetherspoon LFL sales rise 5.1% in H1
Wetherspoon has reported that like-for-like sales rose 5.1% over the 25-week period to 19 January 2025, due to a 4.5% uplift in bar sales, 5.6% rise in food sales, and a 11.7% sales jump in gambling machines. The pub group also benefited from a 6.1% uplift in like-for-like sales for…
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Nov- 2024 -7 NovemberNews-In-Brief
Today’s news in brief – 07/11/24
Wetherspoon boss Tim Martin has warned of rising prices following the autumn budget, though the pub group intends to “make every attempt to stay as competitive as possible”. It comes as Wetherspoon has reported that LFL sales in Q1 were 5.9% higher than the same period last year, as bar…
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7 NovemberPubs and Bars
Wetherspoon boss warns of rising prices following autumn budget
Wetherspoon chairman Tim Martin has said the pub group will “make every attempt to stay as competitive as possible” but warned of rising prices in hospitality following the autumn budget. It comes as JD Wetherspoon has reported that like-for-like sales in the first quarter to 3 November were 5.9% higher…
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Oct- 2024 -4 OctoberNews
Today’s news in brief – 04/10/24
Wetherspoon has posted a profit before tax of £73.9m for the year ended 28 July, spelling a rise from £42.6m against the previous year. Alongside this, the company saw its revenues top £2bn in the period, up from £1.9bn last year. The chain now operates 800 pubs, down from 879…
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4 OctoberPubs and Bars
Wetherspoon PBT jumps 73% to £73.9m
Wetherspoon has revealed that it has posted a profit-before-tax of £73.9m for the year ended 28 July 2024, up from £42.6m in the previous year. Alongside this, the company saw its revenues top £2bn in the period, up from £1.9bn in the same period last year. Furthermore, the company’s like-for-like…
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Sep- 2024 -23 SeptemberNews
Today’s news in brief 23/09/24
RedCat will be investing £8m in its portfolio of pubs across the next six to 12 months. The programme will focus on team training and upskilling, service, renovating the buildings and improving the offer of food, drink, rooms and entertainment. The company has already completed five projects. Manchester Airport will…
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23 SeptemberFood and Drink
Manchester Airport bolsters F&B offering amid £1.3bn investment
Manchester Airport will be opening 22 new shops, restaurants and bars next summer, as it completes the second and final phase of its £1.3bn Terminal 2 transformation. The line-up of food and beverage outlets will include The Great Northern Market, a new JD Wetherspoon pub, a Joe and the Juice…
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Jul- 2024 -30 JulyNews
Today’s news in brief – 30/07/24
Greggs has reported that sales rose 13.8% to £960.6m during H1. During the period, the food-on-the-go retailer saw underlying profit before tax rise 16.3% to £74.1m and opened 99 new shops, including 30 relocations and 18 closures. This resulted in 2,524 shops trading. Greggs remains on track to achieve 140…
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30 JulyPubs and Bars
JD Wetherspoon boss sells £10m of company shares
JD Wetherspoon boss Tim Martin has sold almost £10m worth of shares in the pub chain. On 26 July 2024, Martin sold 1,361,000 of the company’s ordinary shares on the London Stock Exchange at a price of £7.39 per share. As a result of the transaction, Martin’s voting rights in…
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