JD Wetherspoon like-for-like sales rise 8.6% in first nine weeks

  • JD Wetherspoon reported 8.6% like-for-like sales growth in its first nine weeks.
  • Revenue rose 5.2% to £2.238 billion as shares gained more than 7%.
  • Favorable weather and outdoor-seating investment supported sales despite higher costs.

JD Wetherspoon shares rose more than 7% after the pub operator reported an 8.6% increase in like-for-like sales during the first nine weeks of its financial year. Favorable weather and investment in outdoor seating supported trading. Revenue increased 5.2% to £2.238 billion, but higher costs, including wages and repairs, weighed on profit before tax.

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