Wetherspoon sales growth accelerates
JD Wetherspoon has reported accelerating sales growth in the second quarter of its fiscal year and said it was confident of a reasonable performance in 2011.
The pub operator, which has nearly 800 premises across Britain, said sales at pubs open more than a year rose by three per cent in the 12 weeks to 16 January, compared with a 1.6 per cent increase in the first quarter to October 24.
Wetherspoon, the first of Britain’s major pub companies to report on Christmas and New Year trading, said heavy snow across the country had impacted sales but the effect on its comparative performance had been minimal because it was offset by similarly bad weather hitting sales in January last year.