JD Wetherspoon sees an 'encouraging start' to first financial quarter

4th November 2009, 9:20am

Pub company JD Wetherspoon has announced like-for-like sales for the 13 weeks ending 25th October 2009 up 0.3% and total sales for the same period up 4.5%.

The firm said this start is "encouraging" especially when taking into consideration that the same period last year involved a higher level of marketing expenditure, including the distribution of money-off vouchers to most households in the UK.

Wetherspoon opened seven pubs during the first quarter and said it plans to open a total of 40 pubs by the end of its financial year. 

In a statement, the value-for-money chain said: "We remain confident of the Company's prospects for the financial year ending July 2010."

Related Articles:

• 01 Dec 2009 - Pub chain JD Wetherspoon creates 10,000 jobs with 250 new pubs
• 16 Nov 2009 - JD Wetherspoon purchases five pubs from Punch Taverns
• 15 Sep 2009 - Tied pubs are charging up to 80p more per pint
• 14 Sep 2009 - JD Wetherspoon introduces new drinks across all pubs
• 11 Sep 2009 - JD Wetherspoon reports record sales
• 02 Sep 2009 - JD Wetherspoon invests in staff with skills initiative
• 17 Jul 2009 - Wetherspoon open new pub and hotel in Newport
• 15 Jul 2009 - Wetherspoon says lower costs have boosted sales
• 13 May 2009 - JD Wetherspoon gets saucy with Levi Roots
• 06 May 2009 - JD Wetherspoon announces positive trading
• 01 May 2009 - Wetherspoon only pub listed in Britain's Top Employers

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