All JD Wetherspoon articles – Page 11
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NewsGotham’s Christmas-ish Quiz!
It’s the week before Christmas and I hope many thresholds are being crossed, multiple tipples downed and that tills are ringing out! For my part, I have been thinking about what sort of Christmas present to get lucky readers – I have been racking my mind and the best I can do is the joy of a quiz!
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Analysis & InsightGoodbody on Coffer Peach and 2020; Peel Hunt on Just Eat
Goodbody says the UK restaurant sector is still facing the dual headwinds of chronic oversupply and cost inflation, while Peel Hunt say Prosus’ latest offer for Just Eat ”significantly increases deal certainty”.
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NewsWetherspoons makes £200m pre-election spending pledge
Wetherspoons has announced it will invest more than £200m into its pub estate over the next four years.
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OpinionAnalysts’ verdict: Berenberg on Mitchells & Butlers
Mitchells & Butlers shares are due a “pause for breath” believes analyst Berenberg.
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NewsLow price champions
Given the prevailing weak outlook for consumer confidence, it seems inevitable that more risk averse and belt-tightening behaviours will come to the fore.
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NewsTim Martin re-elected to JDW board with 98% shareholder approval
JD Wetherspoon chairman Tim Martin has been re-elected with the support of more than 98% of shareholders.
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OpinionChange is happening everywhere
Seismic shifts are sweeping through the sector thanks to a combination of M&A, technological developments and consumer behaviour. Who knows what’s going to happen next?
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OpinionAnalysts’ verdict: JD Wetherspoon
Analysts at JP Morgan Cazenove and Goodbody share their reactions to the latest trading update from JD Wetherspoon and how it’s impacted their forecasts.
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NewsWetherspoon sales up 5.6%
Wetherspoons has reported a sales uplift for the 13 weeks to 27 October 2019. Like-for-like sales increased by 5.3% and total sales by 5.6%. Wetherspoons has opened one new pub since the start of the financial year and has disposed of four.
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NewsMcMullen sees overall growth of 7% in latest financial year
McMullen & Sons has achieved total revenue growth of around 7.5% for the financial year ended September 2019, MCA can reveal.
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OpinionBerenberg on JD Wetherspoon
The crux of investor debate on JD Wetherspoon (JDW) centres on whether it can convert its continued impressive like-for-like (lfl) sales momentum into meaningful profit growth in FY20 and beyond, says analyst Berenberg. And it thinks JDW can.
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NewsMartin Scott appointed NED at Stay Original
Former Hall & Woodhouse finance and commercial director Martin Scott has been appointed as a non-executive director of pub and boutique hotel group Stay Original.
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NewsGreggs tops Brand Health index
Greggs has been named the number eating out brand in YouGov’s Brand Health Index.
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OpinionJP Morgan on JD Wetherspoon
JD Wetherspoon’s (JDW) profit outlook does not justify its current multiple, according to the latest analysts note on the operator from JP Morgan.
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NewsNo further EU product swaps planned for Wetherspoon
JD Wetherspoon (JDW) is not planning to make any additional product swaps to non-EU sourced alternatives, following the introduction of several new lines last year.
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NewsJDW sees lfls up 6.8% for full year
JD Wetherspoons (JDW) has reported a like-for-like sales (lfls) increase, before exceptional items, of 6.8% for the full year to 28 July 2019.
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Analysis & InsightFish and chip supper anyone?
Call me old-fashioned and a tad unadventurous if you will, but I am rather quite partial to the long-established delights of fish and chips. A moist and slightly sweet tasting cod fillet in light but crunchy batter, with some nicely seasoned thick-cut chips, minty mushy peas and chunky tartare sauce – delightful! One of the things about go-to products though, is that they become something of a KVI – a Known Value Item.
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NewsWetherspoon slices 20p off price of Ruddles
JD Wetherspoon (JDW) has reduced the price of a pint of real ale by an average of 20p.
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Analysis & InsightGood value of greater importance to pub customers
The value of food and drink is of much greater importance to visitors of pubs than other of operators in the eating out market, across all three day-parts, according to the latest MCA Pub Brand Monitor.
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Analysis & InsightBDO: Whose round is it next?
As M&A activity continues at a pace in the pub sector, BDO’s M&A director Tom Barnard and M&A manager Hugh Ripley look at the common themes being seen across the pub market and who might be on the receiving end of a bid next.