All JD Wetherspoon articles – Page 50
-
News
Gross margins fall 14.3 pps since 2007
Leading analyst Simon French estimated that theoretical gross margins for operators have fallen by 14.3 percentage points since 2007, with food inflation cited as a reason
-
NewsJDW brings VAT campaign to customers
JD Wetherspoon has continued its campaign to reduce VAT for the sector by issuing a special edition of Wetherspoon News, aimed at customers, to all its pubs focused on the campaign
-
NewsFlat growth for M&C20
Yet again the M&C20 has outperformed the FTSE All Share, albeit with flat growth. The FTSE All Share was down 17 points or 1.6% to 1,015 this week, and the M&C20 down just one point or 0.1% to 1,157.
-
NewsZero hour contract use 'varied'
The use of zero hour contracts is varied across the pub trade, an investigation by M&C Report’s sister title the Publican’s Morning Advertiser has found
-
Opinion
The hours issue
Latest figures from the Office for National Statistics suggest that approximately 250,000 people – fewer than 1% of those in employment - consider themselves to be on a zero hour contract. However, with McDonald’s, Spirit and JD Wetherspoon all being drawn into the debate surrounding employee contracts, new CIPD research suggests this figure may be an underestimate.
-
NewsEnterprise boost prevents M&C20 Index slide
The M&C20 Leisure Index (up 3 points to 1,159) underperformed the FTSE All Share Index (up 14 points to 1,032) for only the fourth time in the last quarter, despite the best efforts of Enterprise Inns, whose shares rose 14.3% over the past week. Without Enterprise’s contribution, the index would ...
-
NewsFrench raises TP for JDW
Leading analyst Simon French has upgraded his earnings per share forecast and Target Price for JD Wetherspoon following last week’s “better than expected” trading update
-
News
Collyer: JDW needs proof of stability
Leading sector analyst Geof Collyer says investors should demand more “proof of stability” in JDW, although he raised his Target Price after a “better than expected” Q4
-
Analysis & InsightMerlin conjures up IPO thoughts
Six years ago the sector was a buzz with talk of IPOs. Tragus, Wagamama and Pret A Manager were all reported to have explored the option, but these tentative moves were dashed through the combination of adverse market conditions and investor concerns about slowing consumer spending. The second half of ...
-
NewsJDW to open sixth Heathrow pub
The managed operator is to spend £1.3m on the Flying Chariot, to feature an open kitchen, a dedicated deli and coffee area, a coffee lounge, plus a table service area
-
News
Rollo increases JDW target price
A leading analyst has raised his earnings forecast and increased his target price for JD Wetherspoon
-
NewsWetherspoons drags M&C20 Index higher
JD Wetherspoon was almost single-handedly responsible for dragging the M&C20 Leisure Index higher this week
-
News
JDW performed 'better than expected'
Analysts have given a positive response to JD Wetherspoon’s results yesterday, describing them as better than expected
-
Diary
Diary: JDW, Young's, BrewDog, M&B, Union Ventures
This week’s Diary includes next steps for Bobby Hashemi, Youngs’ Ram Brewery finally getting approval for redevelopment, Tim Martin on dogs and caravans, and the world’s biggest carvery crawl. Pizza the actionA lot of speculation has been building up about what the first project Bobby Hashemi, the former executive chairman ...
-
NewsMartin: many pubs are greatly over-rented
JD Wetherspoon chairman Tim Martin has told M&C Report that a lot of pubs are still “greatly over-rented” as a legacy of the last financial boom. Martin also suggested that consumer confidence may have “turned a corner”
-
News
JDW expects better FY than anticipated; LFLs up 3.5%
Company expects to achieve a slightly better outcome for its current financial year than previously anticipated, as it reports a 3.5% rise in like-for-like sales and an increase in operating margins
-
News
Collyer: Margin stability key for JDW
Demonstrating that it can stabilise margins will be key for JD Wetherspoon, according to leading sector analyst Geof Collyer
-
Weekend Press
Weekend press round-up, 20-21 July
Companies and marketsMake mine a Marston’s This week four of the nation’s biggest pub owners will reveal their financial results, writes Danny Fortson in his Inside the City column. They include Mitchells & Butlers, the company behind the All Bar One chain, and JD Wetherspoon. In theory, all should have ...
-
News
French: Weather more unhelpful to JDW
A leading analyst has said he expects a robust update from JD Wetherspoon (JDW) with c4% LFL sales growth in Q4 reflecting tougher comps
-
News
Ex-Tchenguiz pub sale complete
The sale of all 106 sites has now been completed, with a total sale price believed to be comfortably in excess of £100m, M&C Report has learnt