J D Wetherspoon plc owns and operates pubs in the United Kingdom. As of July 28, 2013, the company operated approximately 886 pubs, which offer food and drinks. It also operates hotels and bars. J D Wetherspoon plc was founded in 1979 and is based in Watford, United Kingdom.
Watford, WD24 4QL
Founded in 1979
JD Wetherspoon plc Announces Audited Preliminary Earnings Results for the Fifty Two Weeks Ended July 27, 2014
Sep 12 14
JD Wetherspoon plc announced audited preliminary earnings results for the fifty two weeks ended July 27, 2014. For the period, the company reported revenue of £1,409,333,000 against £1,280,929,000 a year ago. Operating profit was £115,575,000 against £111,310,000 a year ago. Profit before taxation was £79,362,000 against £76,943,000 a year ago. Profit for the year was £58,863,000 against £65,212,000 a year ago. Basic and diluted earnings per share were 47.0 pence against 44.8 pence a year ago. Operating profit after exceptional items was £115.6 million against £91.5 million a year ago. Profit before taxation was £78.4 million against £57.1 million a year ago. Diluted earnings per share were 32.8 pence against 36.6 pence a year ago. Like-for-like sales increased by 5.5%, with total sales of £1,409.3 million, an increase of 10.0% compared with 7.0% in last year. Like-for-like bar sales increased by 2.7% compared with 3.8% in last year, food sales increased by 12.0% compared with 10.9 % in last year and slot/fruit machine sales decreased by 3.1% compared with 0.4% in last year. As at 27 July 2014, the company's total net debt, including bank borrowings and finance leases, but excluding derivatives, was £556.6 million compared with £474.2 million in last year, an increase of £82.4 million. Net cash inflow from operating activities was £143,821,000 against £115,105,000 a year ago. Purchase of property, plant and equipment were £46,300,000 against £35,051,000 a year ago. Purchase of intangible assets was £9,926,000 against £5,880,000 a year ago. Adjusted earnings before exceptional items were £58,863,000.
J D Wetherspoon plc Proposes Final Dividend for the Year Ended June 27, 2014, Payable on November 27, 2014
Sep 12 14
The board of J D Wetherspoon plc proposed final dividend of 8.0 pence per share for the year ended June 27, 2014 compared to 8.0 pence per share a year ago, payable on 27 November 2014, to those shareholders on the register on 24 October 2014, giving a total dividend for the year of 12.0 pence per share compared to 12.0 pence per share a year ago.
J D Wetherspoon Reportedly Eyes Church Bar
Aug 2 14
J D Wetherspoon plc (LSE:JDW) is understood to be interested in acquiring The Church bar and restaurant operated by Brendan Flynn. J D Wetherspoon plc spokesman Eddie Gershon said, "J D Wetherspoon plc does not comment on individual sites. However, we can confirm that we are looking at a number of sites in Dublin and across the Republic of Ireland." Brendan Flynn said he did not wish to comment on J D Wetherspoon plc's bid.