22 Mar 2024 | 07:03
Wetherspoon cheers jump in first-half profit
(Sharecast News) - UK pub chain JD Wetherspoon said sales continue to improve from the impact of the Covid pandemic, with like-for-like sales up 5.8% in the seven weeks to March 17 as posted a sharp jump in first-half pre-tax profit.
Earnings for the 26 weeks to January 28 rose to £36m from £4.6m a year earlier. Revenue surged 8% to £991m.
Reporting by Frank Prenesti for Sharecast.com