Wetherspoon sees £60m hit from wage, NIC rises
22nd Jan 2025 07:04
(Sharecast News) - UK pub chain Wetherspoons said increases in the minimum wage and employer national insurance contributions would cost £60m as it reported a 5.1% jump in like-for-like sales in the 25 weeks to January 19.
Read moreDeutsche Bank downgrades Greggs and Mitchells & Butlers after budget tax changes
8th Nov 2024 08:55
(Sharecast News) - Deutsche Bank has downgraded its ratings for Greggs and Mitchells & Butlers in light of the governments recent changes to employer national insurance contributions, saying that they disproportionately impact a "labour-intensive leisure sector".
Read moreWetherspoons hails 'record' sales, highlights rising costs
6th Nov 2024 07:50
(Sharecast News) - Pub chain JD Wetherpoon said on Wednesday that it was "confident of a reasonable outcome for the year" as it reported record sales but highlighted rising costs.
Read moreShore Capital keeps Wetherspoon at 'hold' due to lofty valuation
4th Oct 2024 10:43
(Sharecast News) - Strong profit growth and the reinstatement of a dividend at JD Wetherspoons weren't enough to sway Shore Capital from changing its 'hold' rating on the stock on Friday.
Read moreWetherspoon reinstates dividend after year of underlying growth
4th Oct 2024 07:19
(Sharecast News) - JD Wetherspoon reported a 5.7% increase in full-year revenue on Friday, to £2.04bn, with a 73.5% rise in profit before tax to £73.9m before separately disclosed items.
Read moreOutspoken Wetherspoons boss Tim Martin sells nearly £10m worth of shares
29th Jul 2024 14:05
(Sharecast News) - The outspoken founder and chairman of JD Wetherspoon, Tim Martin, sold just over 1.36m shares in the pub chain at the end of last week, it emerged on Monday.
Read moreOutspoken Wetherspoons boss Tim Martin sells nearly £10m worth of shares
29th Jul 2024 14:05
(Sharecast News) - The outspoken founder and chairman of JD Wetherspoon, Tim Martin, sold just over 1.36m shares in the pub chain at the end of last week, it emerged on Monday.
Read moreLondon close: Stocks rise as investors look to US data
10th Jul 2024 15:01
(Sharecast News) - London stocks closed on a positive note Wednesday, buoyed by robust performances in the airline sector and growing investor attention towards key economic events in the United States, although the top-flight index remained near recent lows.
Read moreWetherspoons reports solid Q4 growth with sales at record levels
10th Jul 2024 07:07
(Sharecast News) - Wetherspoons has said it expects profits to hit market expectations as it closes out its financial year with strong sales momentum.
Read moreLondon close: Stocks rise further ahead of BoE decision
8th May 2024 16:36
(Sharecast News) - London's stock markets closed with gains on Wednesday, bolstered by a dip in the value of the pound against both the dollar and the euro.
Read moreJD Wetherspoon sees FY profits at top of market forecast
8th May 2024 07:48
(Sharecast News) - Pub group JD Wetherspoon said on Wednesday that full-year profits were set to be towards the top of market expectations as it reported a jump in third-quarter sales, boosted by sales of traditional ales and Guinness.
Read moreLondon close: Stocks mixed as Bailey hints at rate cuts
22nd Mar 2024 16:09
(Sharecast News) - London's stock markets closed in a mixed state on Friday as investors weighed optimistic retail sales data against remarks from Bank of England Governor Andrew Bailey.
Read moreWetherspoon cheers jump in first-half profit
22nd Mar 2024 07:03
(Sharecast News) - Shares in JD Wetherspoon tanked on Friday despite the UK pub chain reporting surging interim profits as trading continued to improve from the impact of the Covid pandemic, with like-for-like sales up 5.8% in the seven weeks to March 17.
Read moreLondon close: Stocks rise on positive news from China
24th Jan 2024 16:31
(Sharecast News) - London markets finished with a positive performance on Wednesday, driven by gains in the mining sector following China's announcement of an upcoming reduction in the reserve requirement ratio for banks.
Read moreWetherspoons cheers rise in first-half sales
24th Jan 2024 07:25
(Sharecast News) - Pub chain Wetherspoons held annual guidance as it reported rise in first-half underlying sales.
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