Watford-based pub chain JD Wetherspoon plans to open about 50 pubs in this financial year, it said this morning in a trading update. Wetherspoon, the first major pub company 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.
Like for like sales for the 12 weeks to 16 January rose 3%, up from 1.6% in the first quarter and much better than the flat performance predicted by some analysts. That means like for like sales are up 2.3% so far this financial year.
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