NewsBot
13-Jul-22, 12:20
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:
Wetherspoon's Business Model A Double-edged Sword
https://caithness-business.co.uk/image_cache/na17264_tn.jpg
J D Wetherspoon has today announced a trading update: Like-for-like sales in the first 11 weeks of quarter 4 of the current financial year were minus 0.4%, compared to the same, pre-pandemic, period in 2019. Losses for the current financial year (FY22) will be higher than expected at approximately minus £30m, reflecting higher labour, repair and marketing costs. [Read Full Article (https://caithness-business.co.uk/article/17264)]
Wetherspoon's Business Model A Double-edged Sword
https://caithness-business.co.uk/image_cache/na17264_tn.jpg
J D Wetherspoon has today announced a trading update: Like-for-like sales in the first 11 weeks of quarter 4 of the current financial year were minus 0.4%, compared to the same, pre-pandemic, period in 2019. Losses for the current financial year (FY22) will be higher than expected at approximately minus £30m, reflecting higher labour, repair and marketing costs. [Read Full Article (https://caithness-business.co.uk/article/17264)]