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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Jul- 2024 -16 JulyNews
Today’s news in brief – 16/07/24
JD Wetherspoon has hit back at TUC for calling it a low-pay employer, saying that the Trade Union Congress’ criticism of its business model and employment style is “completely inaccurate and unjustified”. The TUC’s comments were from an interview in The Telegraph, in which it also named Amazon, Sports Direct…
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16 JulyPubs and Bars
JD Wetherspoon rebuffs TUC accusation of being low-pay employer
JD Wetherspoon chairman Tim Martin has hit back at comments made by the Trade Union Congress (TUC) head Paul Nowak, which called the pub chain an employer that has “built its business model on low-paid insecure employment”. The rebuttal comes after The Telegraph published an interview with Nowak on Sunday…
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11 JulyNews
Today’s news in brief – 11/07/24
JD Wetherspoon has offloaded 26 pubs so far this year and has revealed that like-for-like sales in the year-to-date rose by 7.7%. According to the group, which currently has a trading estate of 801 pubs, most of the disposals were smaller and older sites, or were where the company has…
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11 JulyPubs and Bars
JD Wetherspoon offloads 26 pubs as it posts healthy LFL sales
JD Wetherspoon has revealed it has sold or surrendered a total of 26 pubs so far this year and has seen its like-for-like sales in the year-to-date increase by 7.7%. According to the group, which currently has a trading estate of 801 pubs, most of the disposals were smaller and…
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Jun- 2024 -13 JunePubs and Bars
CGA names Brunning and Price as UK’s top pub operator
Brunning and Price, part of the restaurant group, has been named the UK’s top pub operator for a second consecutive year by CGA’s outlet index survey. Other operators in the top five include St Austell Brewery, Hydes Anvil, Youngs and Everards. Brunning and Price also tops the rankings when measured…
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May- 2024 -17 MayNews
Today’s news in brief – 17/05/24
Joe and the Juice reported a 42% revenue rise to £275.9m for 2023. For the first time in several years, the group also saw a positive operating profit, which reached £20.4m. The increase in operating profit was primarily driven by a continued focus on profitability and on the opening of…
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17 MayPubs and Bars
Wetherspoon to invest £5m in Mile Castle redevelopment
JD Wetherspoon has announced that it is set to invest £5m in the redevelopment of its Mile Castle pub in Newcastle. The pub will undergo a full internal refurbishment, to include decoration, new carpet, upgraded lighting, extending the bar on the third floor and creating a new cellar. As part…
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8 MayNews
Today’s news in brief – 08/05/24
JD Wetherspoon expects top-line of profit guidance as like-for-like sales rose by 5.2% in Q1, with year-to-date sales rising 8.3% despite this year’s bank holiday (6 May) being a week later. The company had opened two pubs and either sold or surrendered to the landlord a total of 18 “smaller…
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8 MayPubs and Bars
JD Wetherspoon expects profits to hit top-line as sales rise 5.2%
JD Wetherspoon expects profits to be towards the top of market expectations for 2024, as like-for-like sales rose by 5.2% in the 13-week period to 28 April. Year-to-date sales also rose 8.3% despite this year’s bank holiday (6 May) being a week later. Total sales still increased by 3.3% in…
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Mar- 2024 -22 MarchNews
Today’s news in brief – 22/03/23
JD Wetherspoon revenues rose 8.2% to £991m in H1. The pub group said that like-for-like sales were stronger than total sales due to a small number of pub disposals and lease terminations. So far, sales continue to improve. In the last 7 weeks to 17 March, like-for-like sales increased by…
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