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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Oct- 2023 -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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6 SeptemberNews
Wetherspoons to lower prices for Tax Equality Day
Wetherspoon pubs are set to cut the price of all food and drinks by 7.5% on Thursday 14 September, in order to highlight the benefit of a permanent VAT reduction in the hospitality industry. Prices at the pubs will be reduced for one day only to mark Tax Equality Day. …
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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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Jan- 2023 -25 JanuaryPubs and Bars
Wetherspoon sales lag behind pre-Covid levels despite strong Xmas
Wetherspoon has said it is “cautiously optimistic” after half-year like-for-like sales rose by 13.1%, despite the fact they remained 0.7% lower than the same period pre-pandemic. The group was bolstered by strong festive trading, with like-for-like sales in the last 12 weeks 17.8% higher than the same period a year…
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