Home UK & Ireland Grocery News Foodservice

Wetherspoons Toasts First Annual Profits Since Pandemic

The chain says its trading momentum has continued since the end of its financial year to July. Food sales were a major factor behind the revenue rise, while bar sales were up 9%.

Read the full article on the Sky News website

NAM Implications:
  • Patently a turnaround.
  • Albeit now a NPBT margin of 2.2%…
  • …with total sales in line with inflation.
  • The business model suits the post-Lockdown New Norm for hospitality…