The ‘trendy’ drinks becoming more popular at Wetherspoon pubs
Wetherspoons boss makes English breakfast pledge amid rising food costs
JDWetherspoon reported improved sales and profits for the year ending 27 July, with revenues reaching £2.13 billion, a 4.5 per cent increase.
Like-for-like sales rose by 5.1 per cent, driven by strong bar and food sales, including popular "trendy" spirits, cocktails, and a comeback for real ale.
Despite overall growth, hotel room sales saw a nearly 12 per cent decline after the company exited UK online booking agents.
Chairman Sir Tim Martin stated the pub group aims to "keep price increases to a minimum" despite facing approximately £60 million in rising annual costs from labour, energy, and new packaging taxes.
Wetherspoon, which operated 794 pubs, plans to open 30 new establishments in the coming year and anticipates a reasonable financial outcome, though government-led cost increases pose a challenge.