J D Wetherspoon plc (JDW.L) reported that like-for-like sales in the first 14 weeks of the fiscal year were 5.9% higher than last year. Bar sales increased by 5.7%, food by 5.7% and slot/fruit machines by 13.5%. Hotel room sales decreased by 2.0%. The company noted that 14 weeks to 3 November 2024 comprised first quarter and a further week. Total sales were up 4.6% in the year to date period, less than LFL sales, as a result of a small number of pub disposals.
Wetherspoon chairman Tim Martin said: "The company is confident of a reasonable outcome for the year, although forecasting is more difficult given the extent of the increased costs."
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.