Pub chain JD Wetherspoon achieves 2.4% rise in like for like sales

4th May 2011, 10:37am

Pub chain JD Wetherspoon has reported a 2.4% hike in like for like sales for the 13 weeks to 24 April.

Further figures found that total company sales over the same period increased by 7.4%. In the year-to-date (39 weeks to 24 April 2011), like-for-like sales grew by 2.4% and overall company sales rose by 7.6%.

The pub group has also opened 29 new pubs and closed two since the start of the financial year. The team have a number of sites under development and, in line with previous estimates, intend to open around 50 pubs in the current financial year.

A spokesperson for the group commented on the results: "As previously stated, the company, in common with many businesses, continues to be faced with rising costs for a wide range of goods and services, combined with a reduction in disposable income for many of its customers.

"Sales and cashflow continue to be resilient and the performance of our recently opened pubs remains encouraging, which should enable the company to produce a reasonable outcome in the current financial year."

Related Articles:

• 18 Apr 2011 - JD Wetherspoon opens its 800th pub
• 05 Jul 2010 - Wetherspoon drops the price of its coffee to 49p
• 05 May 2010 - Like-for-like sales down at JD Wetherspoon
• 11 Sep 2009 - JD Wetherspoon reports record sales
• 02 Sep 2009 - JD Wetherspoon invests in staff with skills initiative
• 06 May 2009 - JD Wetherspoon announces positive trading
• 20 Jan 2009 - JD Wetherspoon cuts back on expenditure
• 09 Dec 2008 - Wetherspoon has best toilets in the UK
• 03 Dec 2008 - Wetherspoon wins green champion title
• 06 May 2008 - Wetherspoon pubs hosts wine-tasting festival
• 04 Mar 2008 - Wetherspoon pubs hosts 19-day festival
• 25 Sep 2007 - JD Wetherspoons tell students to live a life
• 11 May 2007 - Wetherspoon warning on smoke ban

Click here to submit a comment!

Have your say!

To comment on this article, simply enter your name and email and send us your views. Please note that your comment will appear publicly below this article once it has been processed. For enquiries please email info@eatoutmagazine.co.uk.