Wetherspoon (JD) PLC
16 May 2000
JD WETHERSPOON PLC
THIRD QUARTER SALES AND PUB OPENINGS
Total sales in the third quarter of our financial year which
covers the 13 weeks to 30 April 2000 rose by £23.8 million to
£95.5 million, an increase of 33 per cent. compared to the
previous year. The year to date sales for the 39 weeks to 30
April 2000 were £270.1 million, 40 per cent. ahead of the
previous year. Our established pubs achieved like for like
sales increases of 10 per cent. in the quarter against a
strong comparative period bringing the year to date position
to 14 per cent.
We opened 24 new pubs in the third quarter to add to the 45
new pubs opened in the first half of this financial year. 5
new pubs have opened in the first 2 weeks of May bringing the
total number to 401.
Starting today, we are increasing the number of products
available on our National Price List, including Budweiser,
Smirnoff Ice, Jack Daniels and a number of other top brands.
We are also today issuing a Press Release covering the results
of a price survey carried out in 21 towns and cities in
England and Wales which highlights the competitiveness of our
prices. For details see our web site at
www.jdwetherspoon.co.uk.
Enquiries:
Tim Martin Chairman 01923 477777
John Hutson Managing Director 01923 477777
Jim Clarke Finance Director 01923 477777
Eddie Gershon Press Office 0956 392234
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.