All JD Wetherspoon articles – Page 38
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News
Rollo: Outlook on margins key at JDW
A leading analyst has said he expects JD Wetherspoon to report a solid pre-close update, and therefore expects no surprises with its full-year results
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News
91% of JDW pubs received 5 star FSA rating
JD Wetherspoon has scored the maximum five star rating in the Food Standards Agency Food (FSA) Hygiene Rating Scheme for 747 of the 816 Wetherspoon pubs listed on the FSA website
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Around 15,000 outlets to take part in Tax Equality Day
Around 15,000 outlets are expected to reduce their prices on Tax Equality Day on 24 September
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M&C20 hits eight-month low
The M&C20 Index dipped again this week, with shares falling 1.3% to an eight-month low of 1,138. However, it did outperform the All Share Index, which saw a decline of 1.7% to reach 1,014
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News
Krombacher Pils sees 64% volume growth
Premium German beer brand Krombacher Pils has reported 64% like-for-like volume growth between January and June 2014
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Whitbread makes gender equality pledge
Whitbread is the latest company in the leisure and hospitality sector to sign a Government commitment to gender equality in the workplace
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M&C20 hits seven-month low
The M&C20 Leisure Index has reached its lowest point since December with values sliding 3.5% to 1,154
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Analyst corner: Jamie Rollo on JDW
Jamie Rollo of Morgan Stanley takes a look back at this week’s Q4 update from JD Wetherspoon and says that for the full year he now expects total revenue growth of 9.7% and an EBIT margin of 8.1%
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News
JDW adds Middlesex hotel to estate
JD Wetherspoon has confirmed the purchase of its second hotel in two days as it acquired the freehold of the Greenwood Hotel in Northolt, Middlesex to join its c.30 strong hotel brand
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News
Pub and restaurant freeholds sold at auction
Several freehold properties let to major pub and restaurant operators were sold at an Allsops auction on Tuesday
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News
Analysts reiterate JDW margin concerns
Leading analysts have held their recommendations for JD Wetherspoon following its quarterly results yesterday, with concerns about its margins again highlighted
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News
Martin: Jamie Oliver is causing rents to rise
JD Wetherspoon chairman Tim Martin has told M&C Report that the willingness of Jamie’s Italian, the restaurant group founded by high-profile chef Jamie Oliver, to accept high rent costs is causing rents for other operators to rise
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News
JDW adds to expanding hotel brand
JD Wetherspoon has acquired Brown’s Hotel in Tavistock, Devon for part of its growing hotel group
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JDW lfls rise 4.9%; operating margins stabilise
JD Wetherspoon has reported a a 4.9% rise in like-for-like sales for the 10 weeks to 6 July, with operating margins stabilising
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JDW opens controversial Stirling pub
JD Wetherspoon is opening a pub in Stirling next week following a £1.7m investment to convert a former office block into a pub
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JDW to vary licences in late-night levy protest
JD Wetherspoon has pledged to vary the licences of its pubs hit by late-night levies as part of new company policy in protest at the legislation
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Analysis & Insight
The story so far
The first half of this year has underlined the feeling that the UK’s eating and drinking-out sector is slowly, but surely pulling itself out of the downturn. Vibrancy has returned to the market, while even pub groups are looking at entering the fast casual market, but will the next six months and beyond cement this position?
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News
M&C20 sees consecutive gains in leisure sector
The M&C20 Leisure Share Index continued to climb this week as it finished up 13 points to 1,196 with very few losses across the 22 listed companies
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Analyst corner: Nicholas Batram on JDW
Nicholas Batram at Peel Hunt looks ahead to JD Wetherspoons’ Q4 interim management statement on Wednesday 9 July, saying that he expects the company’s like-for-like sales to slow but not enough to threaten forecasts
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News
Operators to make airport debuts at Stansted
Coast to Coast, Itsu, Harris + Hoole and high-profile chef James Martin are all set to open their first airport sites after securing units at Stansted, as part of the transport hub’s £80m terminal upgrade