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Mitchells & Butlers beats annual profit expectations

British pub and restaurant operator Mitchells & Butlers has today reported annual profit above expectations, helped by tighter cost control and robust demand for food and drinks, which also bolstered sales in the new fiscal year.

Business • 28 Nov

JD Wetherspoon hit by slower sales and higher costs

British pub chain JD Wetherspoon has today reported a slower start to its new financial year and highlighted sustained cost pressures in a difficult consumer climate, sending the pub group's shares down nearly 5%.

Business • 03 Oct

Guinness and sparkling wines boost Wetherspoon's sales

British pub group JD Wetherspoon has today reported a 5.1% rise in like-for-like sales for the 12 weeks to July 20, attributing the growth to higher footfall at its pubs and stronger demand for drinks thanks to good weather.

Business • 23 Jul

The pub group said sales in the first 14 weeks of the financial year were 5.9% higher than the same time last year

Pub group JD Wetherspoon posts higher Q1 sales

Pub group J D Wetherspoon said today that measures in Britain's recent budget would increase its taxes and business costs by £60m for its current year, but it had no immediate plans to raise prices.

Business • 06 Nov 24

Wetherspoon today reiterated that it expects to make a loss for the year ending July 25

Wetherspoon to seek debt waivers as sales remain weak

British pub operator Wetherspoon said today it plans to seek debt waivers from its lenders for the next financial year, as like-for-like sales continued to slump despite the easing of pandemic restrictions.

Business • 07 Jul 21

Mitchells & Butlers said total managed sales between September 27 and January 16 fell by 69.8% compared with last year.

Mitchells & Butlers' sales hit by Covid-19 closures

British pub operator Mitchells & Butlers has today reported a plunge in sales as all its sites have been forced shut under Britain's latest lockdown, and launched an open offer to raise £351m.

Business • 22 Feb 21

Marston's said its trading was materially disrupted during the 13 weeks ended January 2 due to pandemic-related restrictions

Marston's expects UK pubs to be closed until March

British pub operator Marston's said today it expects pubs to be closed at least until March as part of the latest lockdown imposed across the UK, with some restrictions to remain on reopening.

Business • 08 Jan 21

UK pub group