BAYLIS
- 17 Jan 2008 13:06
skinny
- 10 Sep 2010 07:35
- 168 of 267
Stan
- 13 Dec 2010 23:04
- 170 of 267
True, but might be interesting to have a look back if and when they retrace to around that 400p mark.
skinny
- 19 Jan 2011 07:45
- 171 of 267
Pre-close Statement.
JD Wetherspoon plc ("JD Wetherspoon" or the "Company") announces an update on current trading before entering its closed period for its interim results for the six months ending 23 January 2011, which are expected to be announced on 11 March 2011.
Current Trading
For the first 12 weeks of the second quarter (to 16 January 2011), like for like sales increased by 3.0%, compared to 1.6% growth in the first quarter (to 24 October 2010). Total sales for the same period increased by 8.1%, compared to 7.3% in the first quarter. In the year to date (25 weeks to 16 January 2011), like for like sales increased by 2.3% and total Company sales, including recently opened pubs, increased by 7.7%.
skinny
- 20 Jan 2011 16:29
- 172 of 267
Notification of transactions of directors, persons discharging managerial responsibility (PDMR) or connected parties
On Wednesday 19 January 2011, John Hutson, Chief Executive Officer at JD Wetherspoon plc sold 9,000 of the Company's ordinary shares at a price of 466.7p per share.
Following the above transaction, Mr Hutson now holds an interest of 54 801 ordinary shares in the Company.
Notification of transactions of directors, persons discharging managerial responsibility (PDMR) or connected parties
On Thursday 20 January 2011, Su Cacioppo, a main board director at JD Wetherspoon plc sold 10,000 of the Company's ordinary shares at a price of 454p per share.
Following the above transaction, Mrs Cacioppo now holds an interest of 29,200 ordinary shares in the Company.
skinny
- 13 Jul 2011 08:09
- 173 of 267
RNS Number : 2806K
Wetherspoon (JD) PLC
12 July 2011
13 July 2011
JD WETHERSPOON PLC
PRE-CLOSE STATEMENT
JD Wetherspoon plc ("JD Wetherspoon" or the "Company") announces its pre-close statement prior to the end of the current financial year on 24(th) July 2011.
Current Trading
For the 11 weeks to 10th July 2011, like-for-like sales increased by 1.6%. Total Company sales over the same period increased by 7.1%. In the financial year-to-date (50 weeks to 10th July 2011), like-for-like sales increased by 2.2% and overall Company sales increased by 7.5%.
We currently anticipate reporting an operating margin (before exceptionals) for the second half of this financial year of approximately 9.5%.
Property
The financial year-to-date has seen 38 openings and 2 disposals. We anticipate opening approximately 50 pubs in the current financial year.
Financial position
There have been no significant changes in the Company's overall financial position since the IMS statement update on the 4 May 2011.
Outlook
As previously stated, the company, in common with many businesses, continues to be faced with rising costs for a wide range of goods and services, combined with a reduction in disposable income for many of its customers.
Sales and cashflow continue to be resilient and the performance of our recently opened pubs remains encouraging, which should enable the Company to produce a reasonable outcome in the current financial year.
skinny
- 09 Sep 2011 07:11
- 174 of 267
skinny
- 03 Nov 2011 07:18
- 175 of 267
Interim Management Statement.
Current trading
In the first quarter (13 weeks to 23 October 2011), like-for-like sales increased by 1.1%. Total sales in the period increased by 7.3%. The operating margin was 9.3%, approximately 0.2% lower than that achieved during the last financial year.
skinny
- 18 Jan 2012 07:12
- 176 of 267
18 JANUARY 2012
JD Wetherspoon PLC
PRE-CLOSE STATEMENT
JD Wetherspoon plc ('JD Wetherspoon' or the 'Company'), announces an update on current trading before entering its closed period for its interim results for the six months ending 22 January 2012, which are expected to be announced on 9 March 2012.
Current trading
For the first twelve weeks of the second quarter (to 15 January 2012), like-for-like sales increased by 3.6%, compared to 1.1% growth in the first quarter (to 23 October 2011). Total sales, including new pubs, for the first twelve weeks of the second quarter increased by 9.9%, compared to 7.3% in the first quarter. In the year to date (25 weeks to 15 January 2012), like-for-like sales increased by 2.3% and total sales increased by 8.5%.
December LFL sales were strong, mainly due to adverse weather conditions last year. Sales growth for the period before and after December was approximately in line with the first quarter.
We expect the operating margin for the half year ending 22 January 2012 to be slightly below that achieved in the first quarter of this financial year, with the potential for further decline in the second half of this financial year due to continuing cost increases. We expect the Company's corporation tax rate for this financial year to be around 29%.
Property
The Company has opened 18 new pubs and closed 2 pubs since the start of this financial year. We have a number of sites under development and, in line with previous estimates, intend to open approximately 50 pubs in the current financial year.
Financial position
There have been no significant changes in the Company's overall financial position, since the publication on 6 October 2011 of the annual report and accounts for the year ended 24 July 2011.
Outlook
Our sales, profit and cash flow remain resilient. As previously stated, the main challenges for the Company, in this financial year of 53 trading weeks, will be the continuing cost pressures resulting from government legislation, including further increases to excise duty, business rates and carbon tax. In addition, as previously stated, pubs pay VAT on food, whereas supermarkets do not, and also pay far higher rates of VAT than similar businesses in Ireland and France, for example. In order to maximise job creation and taxation revenues, we believe the government needs to reduce VAT for pubs and restaurants as a priority. Notwithstanding these issues the Company is aiming for a reasonable outcome in the current financial year.
TANKER
- 05 Mar 2012 08:44
- 177 of 267
has you all no i like my beer and food and use this company alot to meet loads of friends all over the country .but over the last 12 months the PUBS have gone down the drain the staff are slow they dont understand what you say it takes time to explain what you want . and i can and have seen the migrant staff not taking the money for peoples bill by not putting them though the till . but i would never say anything as it would be racist . we are now lookling to meet in other pubs like toby and crown . i have sold my few shares as i think the pubs only now get druggies and low life .
Stan
- 08 Mar 2012 10:39
- 178 of 267
Stopped using these years ago. Wetherspoons were a breath of fresh air all those years ago when they were started in London, but sadly standards have not kept up out of London in general now a days.
skinny
- 09 Mar 2012 07:11
- 179 of 267
Half Yearly Report.
FINANCIAL HIGHLIGHTS
. Revenue £569.4m (2011: £525.4m) +8.4%
. Like-for-like sales +2.1%
. Free cash flow per share 27.5p (2011: 16.9p) +62.7%
. Free cash flow £34.9m (2011: £22.7m) +53.7%
Before Before exceptional items:
. Operating profit £53.1m (2011: £49.6m) +7.2%
. Profit before tax £35.8m (2011: £32.2m) +11.1%
. Earnings per share 20.2p (2011: 16.5p) +22.4%
Interim Interim dividend 4p (2011: 4p) maintained
TANKER
- 09 Mar 2012 09:21
- 180 of 267
4p not worth the bother and the beer is crap and the service you can wait 10 mins to get servered the staff are slow and useless
skinny
- 02 May 2012 07:25
- 182 of 267
Interim Management Statement.
Current trading
For the 13 weeks to 22 April 2012, like-for-like sales increased by 2.0%. Total Company sales, over the same period, increased by 8.4%. In the year to date (39 weeks to 22 April 2012), like-for-like sales increased by 2.0%, and overall Company sales increased by 8.4%.
The operating margin before exceptionals, in the 13 weeks to 22 April 2012, was 8.1%, compared with 9.3% in the first half of the current financial year, and the year-to-date (39 weeks to 22 April 2012) operating margin before exceptionals was 8.9%. We expect to see the operating margin before exceptionals improve in the final quarter as compared with the third quarter, although we continue to expect the operating margin before exceptionals for the second half of this financial year as a whole to decline, compared with that achieved in the first half.
skinny
- 11 Jul 2012 10:29
- 183 of 267
Pre-Close Statement.
Current trading
For the 11 weeks to 8 July 2012, like-for-like sales increased by 6.1%, and total sales increased by 11.9%, with particularly strong trading around the fortnight of the jubilee celebrations and during the Euro 2012 championships. In the year to date (50 weeks to 8 July 2012), like-for-like sales increased by 3.0%, and overall Company sales increased by 9.2%.
We currently anticipate reporting an operating margin (before exceptionals) for the second half of this financial year of approximately 8.5%.
dreamcatcher
- 13 Sep 2012 22:59
- 185 of 267
Friday preview: JD Wetherspoon up against soft comparatives
Thu 13 Sep 2012
JDW - Wetherspoon
LONDON (SHARECAST) - Pubs group JD Wetherspoon announces full-year results, but of greater interest will be the update on trading in the first six weeks of the current year.
Although the weather has not been kind to pubs this summer, the group is going up against relatively soft comparatives from a year earlier, when like-for-like sales were up just 0.4% year-on-year.
The market has pencilled in £1.23bn for sales and pre-tax profit of £71.2m. Earnings per share are tipped to advance to 41.6p while the dividend is seen climbing to 12.95p.
"We look for news on plans for the redeployment of capex [capital expenditure] from the scaled back opening programme. We think increasing dividends faster than earnings would be particularly well received by the market," Panmure Gordon said.
"We think there is underlying top-line momentum in the business and margins should stabilise as the 176 pubs opened over the last four years mature and the drag from new pubs diminishes as the number of openings is reduced. However we note the group is aggressively discounting certain products (cider, wine, spirits and cocktails) between now and the end of November which could depress gross margins," the broker added.
skinny
- 14 Sep 2012 07:01
- 186 of 267
PRELIMINARY RESULTS
'Record sales, profit and earnings per share before exceptional items'
FINANCIAL HIGHLIGHTS Excluding Week 53
· Revenue £1,197.1m (2011: £1,072.0m) +11.7% +9.3%
· Like-for-like sales +3.2%
· Free cash flow £91.5m (2011: £78.8m) +16.1%
· Free cash flow per share 73.2p (2011: 59.7p) +22.6%
· Profit before tax £58.9m (2011: £61.4m) -4.1%
· Dividends per share 12.0p (2011: 12.0p)
Before exceptional items:
· Operating Profit £107.3m (2011: £102.3m) + 4.9% + 2.6%
· Profit before tax £72.4m (2011: £66.8m) + 8.4% + 5.8%
· Earnings per share 41.3p (2011: 35.3p) +17.0% +14.4%
Stan
- 14 Sep 2012 07:06
- 187 of 267
Very good last year.. but uncertainty next. Wondering what the market thinks.