Better weather a boon for Wetherspoon
JD Wetherspoon, the ever-expanding pubs group, said like-for-like (LFL) sales increased by 3.6% year-on-year in the group's second quarter, which runs to the middle of January. That represents a quickening of growth from the 1.1% LFL growth achieved in the first quarter.
JD Wetherspoon, the ever-expanding pubs group, said like-for-like (LFL) sales increased by 3.6% year-on-year in the group's second quarter, which runs to the middle of January. That represents a quickening of growth from the 1.1% LFL growth achieved in the first quarter.
December LFL sales were strong, mainly due to adverse weather conditions last year. Sales growth for the period before and after December was roughly in line with the first quarter.
More to follow ...
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
jh
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
Trump wants to colonise Mars – will it happen?
Donald Trump wants to plant the US flag on Mars. Could humans really live there?
By Simon Wilson
-
Klarna postpones US IPO as Trump's tariffs rattle markets
Buy-now-pay-later lender Klarna has postponed its US initial public offering owing to the market turbulence. It is not alone, says Matthew Partridge
By Dr Matthew Partridge