J D Wetherspoon PLC (JDW.L)
Slug and Lettuce pub chain owner Stonegate on Thursday said it agreed to buy larger rival Ei Group for 1.27 billion pounds ($1.58 billion), taking control of some 4,000 additional pubs to become Britain's biggest pub operator.
July 10 British pub operator J D Wetherspoon Plc on Wednesday reported a higher comparable sales for the 10 weeks to July 7 and tries to keep a tight lid on rising costs that plagued the entire sector.
July 10 British pub operator J D Wetherspoon Plc on Wednesday reported a 6.9% rise in comparable sales for the 10 weeks to July 7 and a 6.6% increase in total sales.
J D Wetherspoon reported a jump in third-quarter sales at its 900-odd pubs in Britain and Ireland, but its shares fell as much as 6 percent as analysts warned sales were not translating into higher profit due to rising costs.
* Shares fall 6 pct (Adds details on costs, analyst comments, shares)
May 8 Pub chain J D Wetherspoon Plc on Wednesday reported a 7.6 percent rise in comparable sales during the third quarter, with a 8.4 percent rise in total sales at its 900 odd pubs in Britain and Ireland.
JD Wetherspoon Plc expects costs in the second half to be as high as in the first, Chairman Tim Martin said on Friday, after rising wages hit the budget British pub chain's profit.
* LFL sales to March 10 rise 9.6 pct on good weather (Adds chairman's and analysts' comments; shares)
March 15 British pubs group JD Wetherspoon Plc posted an 18.9 percent fall in first-half pretax profit on Friday as it battles high labour costs.