J D Wetherspoon (LSE:JDW) has reported a 5.1% increase in like-for-like sales over the past 12 weeks and year-to-date, driven by a strong recovery in sales volumes following the pandemic. The company experienced notable growth in wine, spirits, and draught volumes, alongside a significant rise in food sales—especially breakfasts and chicken dishes—which have surpassed pre-pandemic levels. Looking ahead, J D Wetherspoon plans to open 15 new managed pubs and an equal number of franchised pubs in the next financial year.
The company’s stock is on a recovery trajectory, supported by improving financial performance and solid technical indicators. Strategic share buybacks and director share purchases signal management’s confidence in the company’s growth prospects. However, elevated leverage and moderate profitability remain potential risks.
More about J D Wetherspoon
J D Wetherspoon operates a network of pubs across the UK and Ireland, offering quality food and beverages at competitive prices. The company prides itself on well-trained staff and uniquely designed pubs that are meticulously maintained.
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