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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May- 2024 -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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22 MarchNews
Wetherspoon profits jump 81% to £67.7m as revenues soar
JD Wetherspoon profits rose 81% to £67.7m as revenues increased 8.2% to £991m during the 26 weeks ended 28 January 2024. Like-for-like sales increased by 9.9% compared to FY23. Like-for-like bar sales increased by 11.6%, food sales by 7.6%, slot/fruit machine sales by 10.5% and hotel rooms by 2.8%. The…
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Feb- 2024 -21 FebruaryNews
Chopstix to open new location at The O2
Chopstix has announced it will open a new location in the Entertainment District at the leisure and retail destination The O2. Considered the largest Asian-inspired quick-service restaurant brand in the UK, Chopstix will open a 1,991 sq ft space within the destination, marking a milestone moment for both the destination…
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Jan- 2024 -24 JanuaryPubs and Bars
Wetherspoons H1 sales rise 10.1%
Wetherspoons has revealed that like-for-like sales were 10.1% higher during the 25 weeks to 21 January compared with last year. The pub chain attributed its performance to bar sales rising by 11.8%, food by 7.9%, and slot and fruit machines by 10.4%. Hotel rooms in its pub estate also saw…
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10 JanuaryNews
Today’s news in brief – 10/01/24
Greggs plans to open between 140 and 160 new shops in 2024, as total sales in FY23 increased 9.6% to £1.8bn. The food-to-go retailer saw a 9.4% increase in like-for-like sales during Q4 of the year. By the end of the year, Greggs had extended its delivery service with Uber…
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10 JanuaryPubs and Bars
Wetherspoon agrees deal with Haven for on-site pub
JD Wetherspoon has announced that it has agreed a deal with holiday park operator Haven to operate pubs on its sites. The agreement will see £1.1m invested into the first Wetherspoon pub, which will open its doors in March at Primrose Valley in North Yorkshire. The deal means that Haven…
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9 JanuaryNews
Today’s news in brief – 09/01/24
JD Wetherspoon will open a new pub worth £2.3m near Euston station, creating 55 jobs. The Captain Flinders will be managed by Samantha Pugh, previously pub manager at The Coronet in Holloway. The interior colour scheme of the pub references the design of Euston’s Great Hall, with plaster pink tones…
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9 JanuaryPubs and Bars
Wetherspoon set to open new £2.3m site in Euston
JD Wetherspoon has announced that it is set to open a new pub worth £2.3m near Euston station, creating 55 jobs. The new pub, which will be called The Captain Flinders, will be managed by Samantha Pugh, previously pub manager at The Coronet (Holloway). The pub gets its name after…
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