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United Kingdom

J D Wetherspoon PLC (JDW.L)

JDW.L on London Stock Exchange

1,471.00GBp
16 Aug 2019
Change (% chg)

5.00 (+0.34%)
Prev Close
1,466.00
Open
1,451.00
Day's High
1,471.00
Day's Low
1,451.00
Volume
55,380
Avg. Vol
96,824
52-wk High
1,592.03
52-wk Low
1,051.00

Latest Key Developments (Source: Significant Developments)

Setanta Asset Management Discloses 3.01% Stake In J D Wetherspoon
Monday, 15 Jul 2019 

July 15 (Reuters) - J D Wetherspoon PLC ::SETANTA ASSET MANAGEMENT LIMITED DISCLOSES 3.01% STAKE IN J D WETHERSPOON PLC AS OF JULY 12 -FILING.  Full Article

J D Wetherspoon 10 Weeks Like-For-Like Sales Rise 6.9%
Wednesday, 10 Jul 2019 

July 10 (Reuters) - J D Wetherspoon PLC ::WETHERSPOON (JD) PLC - TRADING STATEMENT.J D WETHERSPOON PLC - FOR 10 WEEKS TO 7 JULY 2019 LIKE-FOR-LIKE SALES INCREASED BY 6.9% AND TOTAL SALES INCREASED BY 6.6%.J D WETHERSPOON PLC - YEAR-TO-DATE LIKE-FOR-LIKE SALES HAVE INCREASED BY 6.7% AND TOTAL SALES INCREASED BY 7.4%.J D WETHERSPOON PLC - SINCE START OF FINANCIAL YEAR, COMPANY HAS OPENED FIVE NEW PUBS AND DISPOSED OF NINE.J D WETHERSPOON PLC - NO FURTHER OPENINGS ARE EXPECTED IN CURRENT FINANCIAL YEAR.J D WETHERSPOON PLC - ABOUT £3M OF EXCEPTIONAL, NON-CASH LOSSES ARE EXPECTED IN THIS FINANCIAL YEAR, MAINLY A RESULT OF PUB DISPOSALS.J D WETHERSPOON PLC - NET DEBT AT END OF THIS FINANCIAL YEAR IS EXPECTED TO BE ABOUT £745M.J D WETHERSPOON PLC - OMPANY'S EXPECTATION FOR OUR ANNUAL RESULTS IS UNCHANGED FOR CURRENT FINANCIAL YEAR.J D WETHERSPOON PLC - MAIN ISSUE FOR SHAREHOLDERS, WHICH DOMINATES DEBATE, RELATES TO NATURE OF UK'S POST-BREXIT RELATIONSHIP WITH EU.  Full Article

Wetherspoon Q3 LFL Sales Up 7.6 Pct
Wednesday, 8 May 2019 

May 8 (Reuters) - J D Wetherspoon PLC ::TRADING STATEMENT.FOR 13 WEEKS TO 28 APRIL 2019 LIKE-FOR-LIKE SALES INCREASED BY 7.6%.FOR 13 WEEKS TO 28 APRIL 2019 LIKE-FOR-LIKE SALES INCREASED BY 7.6% AND TOTAL SALES INCREASED BY 8.4%.FOR 13 WEEKS TO 28 APRIL 2019 TOTAL SALES INCREASED BY 8.4%.CONTINUE TO ANTICIPATE A TRADING OUTCOME FOR THIS FINANCIAL YEAR IN LINE WITH OUR PREVIOUS EXPECTATIONS.INTEND TO OPEN TWO FURTHER PUBS IN CURRENT FINANCIAL YEAR.NET DEBT AT END OF QUARTER WAS £746M AND IS EXPECTED TO BE AROUND £740M AT END OF FINANCIAL YEAR.  Full Article

Wetherspoon Sees Lower H1 Pretax profit, Affirms FY Forecast
Wednesday, 23 Jan 2019 

Jan 23 (Reuters) - J D Wetherspoon PLC ::Q2 TRADING UPDATE.FOR FIRST 12 WEEKS OF Q2 (TO 20 JANUARY 2019), LIKE-FOR-LIKE SALES INCREASED BY 7.2% AND TOTAL SALES BY 8.3%.IN YEAR TO DATE (25 WEEKS TO 20 JANUARY 2019), LIKE-FOR-LIKE SALES INCREASED BY 6.3% AND TOTAL SALES BY 7.2%.INTEND TO OPEN BETWEEN 5 AND 10 PUBS IN CURRENT FINANCIAL YEAR.COMPANY HAS SPENT £56M IN YEAR TO DATE ON BUYING FREEHOLDS OF PUBS OF WHICH WE WERE PREVIOUSLY TENANTS.COMPANY REMAINS IN A SOUND FINANCIAL POSITION.HAS AGREED A NEW 5 YEAR REVOLVING CREDIT FACILITY OF £875 MILLION.NEW FACILITY MATURES IN JANUARY 2024..COSTS, AS PREVIOUSLY INDICATED, ARE CONSIDERABLY HIGHER THAN PREVIOUS YEAR.PROFIT BEFORE TAX IN FIRST HALF IS EXPECTED TO BE LOWER THAN SAME PERIOD LAST YEAR.EXPECTATIONS FOR FULL YEAR ARE UNCHANGED.  Full Article

J D Wetherspoon FY Pretax Profit After Exceptional Items Up 16.5 Pct
Friday, 14 Sep 2018 

Sept 14 (Reuters) - J D Wetherspoon PLC ::FY REVENUE BEFORE EXCEPTIONAL ITEMS £1,693.8M (2017: £1,660.8M).FY PROFIT BEFORE TAX BEFORE EXCEPTIONAL ITEMS £107.2M (2017: £102.8M).FULL YEAR DIVIDEND 12.0P (2017: 12.0P).LIKE-FOR-LIKE SALES IN SIX WEEKS TO 9 SEPTEMBER INCREASED BY 5.5 PCT.FY PROFIT BEFORE TAX AFTER EXCEPTIONAL ITEMS £89.0M (2017: £76.4 M).HAD A REASONABLE START TO FINANCIAL YEAR, BUT TAXES, LABOUR AND INTEREST COSTS ARE EXPECTED TO BE HIGHER THAN THOSE OF LAST YEAR.ESTIMATE THAT LIKE-FOR-LIKE SALES GROWTH OF ABOUT 4.0 PCT WILL BE REQUIRED FOR COMPANY TO MATCH LAST YEAR'S PROFITS.  Full Article

J D Wetherspoon Says H1 LFL Sales Up 6.1 Pct, LFL Sales Growth To Be Lower In H2
Friday, 16 Mar 2018 

March 16 (Reuters) - J D Wetherspoon Plc ::HY ‍LIKE-FOR-LIKE SALES UP 6.1%​.HY ‍PROFIT BEFORE TAX OF £62.0M VERSUS £51.4M YEAR AGO.‍HY REVENUE £830.4M (2017: £801.4M)​.‍EXPECTATION THAT GROWTH IN LIKE-FOR-LIKE SALES WILL BE LOWER IN NEXT SIX MONTHS​.‍ANTICIPATES HIGHER COSTS IN SECOND HALF OF FINANCIAL YEAR​.‍COMPANY REMAINS CAUTIOUS ABOUT SECOND HALF OF YEAR​.‍CURRENTLY ANTICIPATE AN UNCHANGED TRADING OUTCOME FOR CURRENT FINANCIAL YEAR​.  Full Article

J D Wetherspoon anticipates trading outcome for current FY in line with expectations
Friday, 15 Sep 2017 

Sept 15 (Reuters) - J D WETHERSPOON PLC ::FINAL DIVIDEND 8 PENCEPER SHARE.TOTAL DIVIDEND 12 PENCEPER SHARE.FY REVENUE 1,660.8 MILLION STG VERSUS 1,595 MILLION STG YEAR AGO.FY PROFIT BEFORE TAX 102.8 MILLION STG VERSUS 80.6 MILLION STG YEAR AGO.FY OPERATING PROFIT 128.5 MILLION STG VERSUS 109.7 MILLION STG YEAR AGO.FY EARNINGS PER SHARE 69.2 PENCE PER SHARE.FULL YEAR DIVIDEND OF 12.0 PENCE."SINCE YEAR END, WETHERSPOON'S LIKE-FOR-LIKE SALES HAVE CONTINUED TO BE ENCOURAGING AND HAVE INCREASED BY 6.1%".AS AT 30 JULY 2017, TOTAL NET DEBT, INCLUDING BANK BORROWINGS AND FINANCE LEASES, BUT EXCLUDING DERIVATIVES, WAS 696.3 MILLION STG."THIS IS A POSITIVE START, BUT IS FOR A FEW WEEKS ONLY - AND IS VERY UNLIKELY TO CONTINUE FOR REST OF YEAR".ANTICIPATED THAT LIKE-FOR-LIKE SALES OF AROUND 3-4% WILL BE REQUIRED THIS YEAR IN ORDER TO MATCH LAST YEAR'S PROFIT BEFORE TAX."CURRENTLY ANTICIPATE A TRADING OUTCOME FOR CURRENT FINANCIAL YEAR IN LINE WITH OUR EXPECTATIONS".  Full Article

UPDATE 2-Global trade worries weigh down FTSE 100; pub chain Ei surges on deal

* Tobacco stocks up after Philip Morris results (Adds company news items, updates share moves)