Sales improve for JD Wetherspoon
Pub chain J D Wetherspoon, which has pubs across Shropshire, says sales were up 6.3 per cent for the 12 weeks to January 17.
Published
The Company has opened five new pubs since the start of the financial year and has sold two and it intends to open 10 to 15 pubs in total in the current financial year.
Chairman Tim Martin, said: "Like-for-like sales have improved in the second quarter so far. However, as indicated in our November trading update, increased labour costs will be an important factor in the outcome for this financial year. Our current view is profits for this year are likely to be towards the lower end of analysts' expectations.".
The chain, which was started by Mr Martin in 1979, has grown to have 993 pubs across the UK and Ireland.
