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J D Wetherspoon PLC (JDW.L)

JDW.L on London Stock Exchange

1,041.00GBp
26 May 2017
Change (% chg)

21.00 (+2.06%)
Prev Close
1,020.00
Open
1,017.00
Day's High
1,041.00
Day's Low
1,017.00
Volume
326,069
Avg. Vol
264,064
52-wk High
1,060.00
52-wk Low
662.50

Latest Key Developments (Source: Significant Developments)

JD Wetherspoon 13 weeks like-for-like sales rise 4 pct
Wednesday, 3 May 2017 03:18am EDT 

May 3 (Reuters) - J D Wetherspoon Plc :For 13 weeks to April 23, 2017 like-for-like sales increased by 4.0 pct and total sales increased by 1.3 pct.Year-to-date like-for-like sales have increased by 3.5 pct and total sales have increased by 1.4 pct.Operating margin in 13 weeks to April 23, 2017 was 7.3 pct, compared with 6.4 pct in same 13 weeks last year.Opened 9 pubs since start of financial year and sold 36.3 pubs have been closed and are being marketed.Expect to open one further pub in this financial year.Expects significantly higher costs in second half of financial year, mainly for business rates, utility taxes, excise duty and labour.Co remains cautious about second half of year.Net debt at end of this financial year now expected to be about 70 mln stg higher than level at last financial year end.Currently anticipates a slightly improved trading outcome for current financial year, compared with its expectations at last update.Result of higher costs, co anticipates it will require like-for-like sales of about 3 to 4 pct in next FY to maintain profits at current levels.  Full Article

JD Wetherspoon says HY revenue 801.4 mln pounds
Friday, 10 Mar 2017 02:17am EST 

JD Wetherspoon Plc - : HY revenue 801.4 mln pounds (2016: 790.3 mln pounds) . says "Wednesday's budget will weigh far more heavily on pubs than supermarkets" . In six weeks to march 5, 2017, like-for-like sales increased by 2.7 pct and total sales decreased by 0.2 pct . Company intends to increase level of capital investment in existing pubs from 34 mln pounds in 2015/2016 to around 60 mln pounds in current year . Full year dividend 4.0 pence (2016: 4.0 pence) . Company also anticipates significantly higher costs in second half of financial year . HY operating profit 65.1 mln pounds (2016: 49.4 mln pounds) . Company remains cautious about second half of year .Currently anticipate a slightly improved trading outcome for current financial year, compared with our expectations at last update.  Full Article

J D Wetherspoon plc declares interim dividend
Friday, 11 Mar 2016 02:00am EST 

J D Wetherspoon plc;:Declared interim dividend of 4.0p per share for the current interim financial period ending Jan. 24, 2016 (2015: 4.0p per share).Says interim dividend will be paid on May 26, 2016 to those shareholders on the register at April 29, 2016.  Full Article

J D Wetherspoon plc says investigating website hack - Reuters
Thursday, 3 Dec 2015 10:07pm EST 

J D Wetherspoon plc:British pub chain JD Wetherspoon said on Friday it was taking action after discovering that a small number of its customer and staff details may have been accessed by a cyber attack - RTRS.The company said that it had informed all of its customers by email and planned to conduct a full forensic investigation into the breach of security, which allowed some credit and debit card details to be accessed - RTRS.Wetherspoon said the hacked information had been obtained from its old website, which had already been replaced. Its new website had no connection to the website that was breached. - RTRS."We apologise wholeheartedly to customers and staff who have been affected," said Chief Executive John Hutson said in a statement. - RTRS."Unfortunately, hacking is becoming more and more sophisticated and widespread. We are determined to respond to this by increasing our efforts and investment in security and will be doing everything possible to prevent a recurrence." - RTRS.Cyber security has become an increasing concern for companies in Britain following a widely reported attack on telecoms services provider TalkTalk's TALK.L website earlier this year which enabled the attackers to obtain some of the personal details of 157,000 customers - RTRS.  Full Article

J D Wetherspoon plc proposes to pay a final dividend
Friday, 11 Sep 2015 06:30am EDT 

J D Wetherspoon plc:Board proposes, subject to shareholders' approval, to pay a final dividend of 8.0p per share (2014: 8.0p per share), on 26 November 2015, to those shareholders on the register on 23 October 2015.  Full Article

J D Wetherspoon plc gives FY 2015 profit before tax guidance
Wednesday, 15 Jul 2015 02:00am EDT 

J D Wetherspoon plc:Says FY 2015 profit before tax is unlikely to be higher than last year.  Full Article

More From Around the Web

UPDATE 1-Pubs operator JD Wetherspoon sees sales driving better annual performance

May 3 British pubs group JD Wetherspoon forecast a slightly improved annual trading outcome compared with previous expectations thanks to a robust sales performance this year, boosting its shares.