Pub operator J D Wetherspoon plc (JDW.L) reported that its profit before tax for the 26 weeks ended 28 January 2024 dropped to 26.14 million pounds from 56.95 million pounds in the prior year.
Profit for the period was 18.65 million pounds or 14.7 pence per share down from 36.92 million pounds or 29.0 pence per share in the previous year.
But revenue for the period grew to 990.95 billion pounds from 915.96 billion pounds last year.
Before separately disclosed items, like-for-like sales for the period increased by 9.9%. Like-for-like bar sales increased by 11.6%, food sales by 7.6%, slot/fruit machine sales by 10.5% and hotel rooms by 2.8%.
The board has not recommended the payment of an interim dividend compared to nil dividend paid last year.
The company currently anticipates a reasonable outcome for the financial year, subject to its future sales performance.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
For comments and feedback contact: editorial@rttnews.com
Business News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.