Wetherspoon announced its Q3 trading update on Wednesday where the group reported a 4% decline in like-for-like (LFL) sales, disclosed closures and disposals of pubs and announced the resignation of Su Cacioppo. Wetherspoon reported a 4% decrease in LFL sales compared to 2019, however, YTD sales fell 6.2% on an LFL basis. In the group’s […]

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Wetherspoons warns against increase in food prices JD Wetherspoons (LON:JDW) confirmed on Wednesday that sales at its pubs haven’t risen as they would have hoped even though it has been able to reopen the majority of its locations. Wetherspoons said that out of its 860 pubs, 850 were open, with the closed pubs being located […]

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Tim Martin has previously been a vocal supporter of Brexit The chief executive of JD Wetherspoon has called on Boris Johnson to implement a visa scheme for workers in the European Union as restaurants and pubs across the UK are struggling to bring in staff as lockdowns ease. Tim Martin, who was previously outspoken in […]

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Wetherspoons Share Price The Wetherspoons share price (LON:JDW) has moved sideways over the past few weeks. This is despite the continued success of the vaccine roll-out and the opening up of the UK economy. It is however possible that anticipated success has already been factored into the FTSE 250 company’s value. At £13.83 the Wetherspoon […]

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Cut-price pub chain, JD Wetherspoon (LON:JDW), saw its shares slide on Friday, as It announced 42% of its entire UK estate would remain closed, subject to new tier restrictions beginning next week. The company said that of its outlets, 13 pubs in England and 51 in Wales would be classified as being in tier one […]

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Wetherspoons (LON: JDW) has reported a 27.6% fall in sales amid new Coronavirus restrictions. The pub-chain blamed the government for the new restrictions, which it said were “baffling and confusing”. Chairman Tim Martin called the rules, including the 10 pm curfew and use of face masks when moving inside pubs “a complete muddle.” “However, the […]

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Wetherspoons shares (LON: JDW) took a plunge on Friday after the pub group revealed a £95m annual loss. Revenues at the group fell by 30.6% to £1.26bn amid lockdown and forced closures as well as one-off costs of £29m on staff costs and equipment. Tim Martin, the founder and chairman of JD Wetherspoon, blamed the […]

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The British bars and pubs scene has been busy over the last few weeks and months. Different firms have seen different results across the festive trading period, where firms look to make ground and reach peak business trading levels. Here is a roundup of the most recent updates from the main names in the industry […]

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Well-known home of the cheap tipple, Wetherspoons (LON:JDW), enjoyed a strong festive period, which was crowned by the announcement that it would be expanding its pub portfolio during 2020. The company reported like-for-like sales growth of 4.7% during the 12 weeks to the 19th of January alongside sales growth of 4.2%. This positive financial performance […]

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