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JD Wetherspoon 13-week Sales Up

British pub chain operator JD Wetherspoon Plc (JDW.L), in its Interim Management Statement, said its total sales for 13 weeks to April 28 rose 9.3 percent, while like-for-like sales increased 6.3 percent.

In the year to date, i.e. 39 weeks to April 28, total sales increased 10.1 percent, while like-for-like sales increased by 6.7 percent.

The group said it expects lower like-for-like sales in the final quarter of this financial year than for the year so far, given last year's final quarter like-for-like sales of 6.1 percent.

The Company said it has opened 16 new pubs and sold two since the start of the financial year.

by RTTNews Staff Writer

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