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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Nov- 2023 -8 NovemberNews
Today’s news in brief – 08/11/23
J D Wetherspoon has reported a 9.5% like-for-like sales growth for the 14 weeks ended 5 November. During this period, bar sales increased by 10.7%, food by 8.2%, and slot machines by 10%. The group’s hotel room sales also saw a 6.2% increase. In the year to date, total sales…
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8 NovemberNews
Wetherspoon sales rise 9.5% in Q1
J D Wetherspoon has reported a LFL sales growth of 9.5% for the 14 weeks ended 5 November. Bar sales increased by 10.7%, food by 8.2% and slot machines by 10%. Hotel room sales for the group also increased by 6.2%. Total sales have increased by 8.1% in the year…
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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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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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