Wetherspoons’ sales are booming – and it has one beer to thank
Wetherspoons enjoys increased sales as Brits toast to summer
- JD Wetherspoon reported a 5.1 per cent increase in like-for-like sales for the three months ending 20 July, with overall sales volumes now surpassing pre-pandemic levels.
- The pub group's strong performance was primarily driven by robust draught sales, particularly Guinness, which chairman Tim Martin highlighted as a standout performer.
- Favourable weather conditions during the period also boosted visitor numbers, allowing many Wetherspoon pubs to capitalise on their beer gardens.
- Despite anticipating a £60 million hit from higher labour costs and increased national insurance contributions, Wetherspoons expects to meet its profit forecasts for the year.
- Mr Martin earlier called on Prime Minister Sir Keir Starmer to equalise VAT on food for pubs and restaurants with supermarkets, arguing the current system disadvantages pubs.