Wetherspoon is boosted by cheap booze July 15, 2009 PUBS group JD Wetherspoon yesterday said it expected its pre-tax profit for the year to 26 July to come in towards the top end of market expectations, after cost cutting improved margins. The pub chain, known for its low-cost food and bargain booze said in a trading update that like-for-like sales in the financial year to [...]
Hot weather to prove thirsty work and give pubs a boost July 12, 2009 The City has good reason to focus on the pub this week, with numbers from JD Wetherspoon, Enterprise Inns and Mitchells & Butlers all likely to be high on the agenda. The recent hot weather should have provided some welcome business for the hard-hit pubcos. But investors will also look for firms to further defend [...]
Met Office holds the secret to summer success June 14, 2009 I THOUGHT this whole “green shoots” argument was becoming a bit clichéd…then we started getting results from the DIY retailers. In a strictly horticultural sense “green shoots” went a long way towards propping up earnings at Home Retail last week, as sunny weather motivated the great British public to snap up gardening gear, barbecues, bikes [...]