Plus   Neg

JD Wetherspoon 10-week LFL Sales Up

British pub operator JD Wetherspoon Plc. (JDW.L) Wednesday, in its pre-close trading statement for the financial year to July 29, 2018, reported that its like-for-like sales grew 5.2 percent and total sales rose 5.6 percent for the 10 weeks to July 8, 2018.

In the year-to-date period, comprising 49 weeks, the Group's like-for-like sales increased 5.2 percent and total sales rose 4.2 percent.

In addition, the Group said it continues to anticipate a trading outcome for this financial year in line with its previous expectations.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Toyota Motor Corp. has invested $394 million in U.S. electric air-taxi startup Joby Aviation as lead investor in the recent $590 million Series C financing. Toyota said it is continuing to leverage emerging technologies to provide "Mobility for All" as the lead investor as part of its transformation into a mobility company. As the world is facing severe consequences of increasing carbon emissions, Microsoft has announced various plans to tackle the issue. The company aims to reduce its own carbon emissions by more than half, and to be carbon negative by 2030. This means the company will remove more carbon than it emits each year. The company further announced a new $1 billion Climate Innovation Fund. With a view to expanding its presence in France, where it has been doing business for more than 100 years, Food and beverage giant Coca-Cola Co. (KO), during the Choose France Summit, announced 1 billion euros of investments in the country over the next five years. Coca-Cola Chairman and CEO James Quincey and President Emmanuel Macron is scheduled to elaborate on the plans in September.
Follow RTT