All JD Wetherspoon articles – Page 18
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OpinionIn the mixer
When Revolution Bar Group’s shares plummeted nearly 40% back in May it felt very much like a case of when, rather than if, Stonegate Pub Company would make its move for the Mark McQuater-led bar chain. With that steep decline in share price in mind, Stonegate’s 200p a share offer looks likely to lead to a positive outcome for all involved
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NewsStonegate makes £100m bid to acquire Revolution Bars
Revolution Bars Group has confirmed it has received a conditional proposal from Stonegate to acquire the company , which values it at c£100m.
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NewsNando’s to double roadside presence
Nando’s, the peri peri chicken chain, is set to open its second roadside site, with an opening lined up on the M25
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NewsStonegate adds fives sites to portfolio
Stonegate has added five pubs to its estate over the past few weeks.
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News
Analysts corner: Jack on M&B
Leading analyst Douglas Jack, at Peel Hunt, has predicted a “muted” update from Mitchells & Butlers when it reports Q3 trading figures next week.
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News
JDW to switch auditor after 34 years
JD Wetherspoon is to ask shareholder approval to replace its auditor.
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News
FY EBITDA up 10.1% at Hawthorn
Hawthorn Leisure saw group EBITDA increase 10.1% to £9m in the year to 25 December 2016
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News
Conviviality Direct FY sales up 6.4%
Conviviality has reported that its wholesale division – which incorporates Matthew Clark and Bibendum – saw revenues grow 6.4% to £1.04bn in the year to 30 April.
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Opinion
Pubs: Turnover rents; wet-led success and tenanted moves
CBRE’s Simon Johnson gives his views on the current state of the pub sector, including tenanted operators’ increasing use of turnover-related agreements and why we could see some managed operations moving into tenanted.
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News
JDW lfls up 5.3%
JD Wetherspoon has reported like-for-like sales up 5.3% for the 11 weeks to 9 July, with total sales up 3.6%.
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NewsJDW brings more pubs to market
JD Wetherspoon has appointed CBRE and Savills to sell The Alexander Graham Bell on Edinburgh’s George Street.
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News
Analyst corner: Rollo on pubs
Leading analyst Jamie Rollo, of Morgan Stanley, discusses why the wholesale shift into food by by most of the major pub operators over the last decade has not proved to be they antidote they may have hoped for.
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News
Analyst corner: Jack on JDW
Leading analyst Douglas Jack at Peel Hunt has changed his recommendation on JD Wetherspoon’s shares from Hold to Reduce
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News
JDW to develop £13m Dublin pub and hotel
Wetherspoon is to spend around £13m developing a new pub and 98-bedroom hotel in Dublin city centre.
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Opinion
Managing expectations
Brakspear’s chief executive Tom Davies talks about the group’s fast-growing managed estate, the challenges facing its 120-strong tenanted portfolio and the return to its 300-year association with brewing.
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News
JDW scraps ‘intrusive’ newsletters
JD Wetherspoon is to stop sending monthly newsletters and delete its database of customers’ e-mails.
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News
JDW raises £14m for CLIC Sargent
JD Wetherspoon staff and customers have now raised £14m for CLIC Sargent.
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Analysis & Insight
Tuned in to the frequency
MCA’s Eating Out Panel looks at three key factors when analysing data – participation, frequency and average spend. Here, Steve Gotham takes a look at descending figures for the start of the year
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News
JDW PBT likely to be 2%-3% higher than expected
Leading analyst Simon French, of Cenkos, has suggested that JD Wetherspoon is likely to report full-year pre-tax profits up 2-3% on expectations.
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News
Hawthorn abandons Stone & Taps concept
Hawthorn Leisure has abandoned its student-focussed Stone & Taps concept, MCA has learnt.