All JD Wetherspoon articles – Page 10
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News
JDW sees lfls up 6.8% for full year
JD Wetherspoons (JDW) has reported a like-for-like sales (lfls) increase, before exceptional items, of 6.8% for the full year to 28 July 2019.
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Analysis & Insight
Fish and chip supper anyone?
Call me old-fashioned and a tad unadventurous if you will, but I am rather quite partial to the long-established delights of fish and chips. A moist and slightly sweet tasting cod fillet in light but crunchy batter, with some nicely seasoned thick-cut chips, minty mushy peas and chunky tartare sauce – delightful! One of the things about go-to products though, is that they become something of a KVI – a Known Value Item.
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News
Wetherspoon slices 20p off price of Ruddles
JD Wetherspoon (JDW) has reduced the price of a pint of real ale by an average of 20p.
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Analysis & Insight
Good value of greater importance to pub customers
The value of food and drink is of much greater importance to visitors of pubs than other of operators in the eating out market, across all three day-parts, according to the latest MCA Pub Brand Monitor.
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Analysis & Insight
BDO: Whose round is it next?
As M&A activity continues at a pace in the pub sector, BDO’s M&A director Tom Barnard and M&A manager Hugh Ripley look at the common themes being seen across the pub market and who might be on the receiving end of a bid next.
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Analysis & Insight
Growth potential for Greene King pub brands
In light of the recent bid for Greene King by CK Asset Holdings, MCA market insight director Steve Gotham assesses what MCA’s Eating Out Panel data has to say about the performance of its four core brands.
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Analysis & Insight
Pub brands lose share at dinner time
Pub brands’ share of visits at dinner time – its most important occasion – in the second quarter of 2019 (April – June), reflecting toughening competition from restaurants and growing customer expectations.
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Opinion
Analysts’ verdict: Berenberg on Greene King
Analysts at Berenberg have said they expect the acquisition of Greene King by CK Asset Holdings to be approved by shareholders and as a result has upgraded its rating to ‘hold’ and increased its price target to the offer price.
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Opinion
Analysts’ corner: Mitchells & Butlers
A material re-rating should lie ahead if the business continues to executive its operational improvement and de-leveraging plans, believe analysts at Berenberg.
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News
McDonald’s, Nando’s and Greggs enjoy a successful June
McDonald’s, Nando’s and Greggs are the big winners of MCA’s latest Eating Out Panel Monthly Dashboard. Compared to last year’s sweltering heatwave in June, combined with the rush of World Cup football-fever, a boost in like for like sales at lunchtime in 2019 was always going to be a tough ask.
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Analysis & Insight
Stonegate is buying Ei Group in a stunning £2.96bn deal. It’s a big one, but is it a good one?
The acquisitive Stonegate has just made its biggest acquisition yet. Buying Ei Group transforms Stonegate into the biggest pub operator in the UK overnight, less than a decade after it was founded in August 2010 by TDR Capital to purchase 333 pubs from Mitchell & Butler.
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Analysis & Insight
Five Guys set to bring up the UK century
Five Guys is bucking the wider market trend when it comes to expansion - but does closer analysis show there is room for improvement on food quality and value for money? MCA market insight director Steve Gotham delves into the data.
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News
Analysts corner: Goodbody on JDW
On the back of JD Wetherspoon’s latest trading update yesterday, analyst Goodbody gives its views on the pub operator’s performance and said the numbers indicate a good finish to the year.
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Analysis & Insight
Cleanliness next to goodliness?
Following reports by the BBC last month that food delivery platforms are undermining public trust by listing operators with poor hygiene ratings, MCA insight director Steve Gotham takes a look at the latest MCA Eating Out Panel data to find out how consumers view the cleanliness of their eating out experiences.
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News
Wetherspoon like-for-likes up 6.9%
J D Wetherspoon has updated on trading, with like-for-like sales up by 6.9% in the 10 weeks to 7 July 2019.
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Analysis & Insight
JDW top brand for awareness and usage
JD Wetherspoon was the top pub brand for awareness and usage, though visit share growth has plateaued at dinner time, while falling at breakfast and lunch, MCA’s Pub Brand Monitor reveals.
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News
JDW Q3 lfls up 7.6%
JD Wetherspoon has announced like-for-like sales (lfls) in the 13 weeks to 28 April rose 7.6%.
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Opinion
Coronation street
For any company succession planning is an absolute priority but for founder-led businesses it can present particular challenges. How can you ever replace a founder and how should they be involved in the process? MCA editor James Wallin talks to recruitment experts to get their view on the pitfalls of managing succession. They discuss what the sector can learn from examples such as Loungers as well as examining a high-profile internal promotion yesterday, in James Spragg’s succession to chief executive at Casual Dining Group.
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News
Loungers raises £83m through IPO
Loungers, the 146-strong café-bar group, has announced it has raised £83.3m through its IPO with admission to AIM on 29 April.
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Analysis & Insight
Breakfast at Tiffany’s – and McDonald’s and Costa and…
With breakfast now the second most popular day-part behind lunch, MCA’s market insight director Steve Gotham discusses what, and who, has been driving its growth, and what we could see in the future.