All JD Wetherspoon articles – Page 9
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OpinionAnalysts’ corner: Mitchells & Butlers
A material re-rating should lie ahead if the business continues to executive its operational improvement and de-leveraging plans, believe analysts at Berenberg.
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NewsMcDonald’s, Nando’s and Greggs enjoy a successful June
McDonald’s, Nando’s and Greggs are the big winners of MCA’s latest Eating Out Panel Monthly Dashboard. Compared to last year’s sweltering heatwave in June, combined with the rush of World Cup football-fever, a boost in like for like sales at lunchtime in 2019 was always going to be a tough ask.
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Analysis & InsightStonegate is buying Ei Group in a stunning £2.96bn deal. It’s a big one, but is it a good one?
The acquisitive Stonegate has just made its biggest acquisition yet. Buying Ei Group transforms Stonegate into the biggest pub operator in the UK overnight, less than a decade after it was founded in August 2010 by TDR Capital to purchase 333 pubs from Mitchell & Butler.
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Analysis & InsightFive Guys set to bring up the UK century
Five Guys is bucking the wider market trend when it comes to expansion - but does closer analysis show there is room for improvement on food quality and value for money? MCA market insight director Steve Gotham delves into the data.
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NewsAnalysts corner: Goodbody on JDW
On the back of JD Wetherspoon’s latest trading update yesterday, analyst Goodbody gives its views on the pub operator’s performance and said the numbers indicate a good finish to the year.
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Analysis & InsightCleanliness next to goodliness?
Following reports by the BBC last month that food delivery platforms are undermining public trust by listing operators with poor hygiene ratings, MCA insight director Steve Gotham takes a look at the latest MCA Eating Out Panel data to find out how consumers view the cleanliness of their eating out experiences.
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NewsWetherspoon like-for-likes up 6.9%
J D Wetherspoon has updated on trading, with like-for-like sales up by 6.9% in the 10 weeks to 7 July 2019.
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Analysis & InsightJDW top brand for awareness and usage
JD Wetherspoon was the top pub brand for awareness and usage, though visit share growth has plateaued at dinner time, while falling at breakfast and lunch, MCA’s Pub Brand Monitor reveals.
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NewsJDW Q3 lfls up 7.6%
JD Wetherspoon has announced like-for-like sales (lfls) in the 13 weeks to 28 April rose 7.6%.
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OpinionCoronation street
For any company succession planning is an absolute priority but for founder-led businesses it can present particular challenges. How can you ever replace a founder and how should they be involved in the process? MCA editor James Wallin talks to recruitment experts to get their view on the pitfalls of managing succession. They discuss what the sector can learn from examples such as Loungers as well as examining a high-profile internal promotion yesterday, in James Spragg’s succession to chief executive at Casual Dining Group.
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NewsLoungers raises £83m through IPO
Loungers, the 146-strong café-bar group, has announced it has raised £83.3m through its IPO with admission to AIM on 29 April.
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Analysis & InsightBreakfast at Tiffany’s – and McDonald’s and Costa and…
With breakfast now the second most popular day-part behind lunch, MCA’s market insight director Steve Gotham discusses what, and who, has been driving its growth, and what we could see in the future.
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NewsJDW confirms disposals
JD Wetherspoon has listed a further two public houses for sale on top of the 16 revealed last month.
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Analysis & InsightInvestment is crucial to boost brand momentum
“The outperformers in the market are the ones who aren’t standing still,” Molly Johnson-Jones, head of customer and strategy at strategic consultants Stone & River told delegates at yesterday’s CGA Insight conference.
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OpinionThe real winners and losers from Theresa May’s deal
JD Wetherspoon founder Tim Martin gives his view on the latest Brexit developments, claiming that if Theresa May’s deal is eventually approved, “the public will shun EU suppliers - and UK companies which promoted Project Fear”.
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Analysis & InsightFamily friendly winners unveiled
By 2045 one in seven UK residents will be over the age of 75, with the inevitable impact on the spread of generations being catered for by the hospitality sector. MCA’s market insight director, Steve Gotham, looks at which operators are best placed to appeal to a multi-generational family.
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Analysis & Insight
Analysts Corner: Irvine-Fortescue on UK pubs & restaurants
Mark Irvine-Fortescue, who recently joined Stifel from Panmure Gordon, writes that in a lacklustre operating environment, pub and restaurant equity performance will be driven by companies’ ability to flex balance sheets, as the US investment bank relaunches coverage of the UK leisure sector.
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Analysis & InsightWagamama named customers' favourite in 'fundex'
Wagamama has been rated as the UK’s favourite eating out brand in a major survey of the customer journey by OC&C management consultants.
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NewsJDW: managers to work less hours on same pay
On the back of JD Wetherspoon’s half year results this morning, Tim Martin spoke to MCA about reducing hours for its managers, its focus on premiumisation and how its product swaps have been performing.
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NewsJDW sees H1 lfls up 6.3%
JD Wetherspoon has achieved a revenue increase of 7.1% for the 26 weeks to 27 January 2019, to £889.6m, with like-for-like sales (lfls) up 6.3% over the period.