Highlights
During the 14 week period, JDW's like-for-like sales increased by 3.7%, with total sales up 4.2% year-to-date.
Wetherspoon outperformed the hospitality sector for 37 straight months, based on CGA RSM data.
The company plans to open 15 new pubs and 15 franchised outlets in the 2025 financial year.
J D Wetherspoon plc (LSE:JDW) has released its trading update for the 14 weeks to 2 November 2025, covering the first quarter of its financial year and one additional week. The company reported an uplift in both total and like-for-like (LFL) sales.
Steady Sales Growth Across Key Categories
For the 14-week period, like-for-like sales were 3.7% higher compared with the same period last year. Bar sales increased by 5.7%, food sales rose by 0.9%, and slot and fruit machine revenues were up 8.9%. However, hotel room sales fell by 6.3% during the same timeframe.
Overall, total sales grew by 4.2% year-to-date.
According to the CGA RSM Hospitality Business Tracker, industry like-for-like sales rose by just 0.2% in September, compared to 3.4% growth reported by Wetherspoon. The company has now outperformed the industry tracker for 37 consecutive months.
Expansion Continues with New Openings and Franchise Growth
During the year-to-date, J D Wetherspoon has opened four new pubs, located in Kenilworth (Warwickshire), Paddington Basin (London), London Bridge Station, and Basildon (Essex). The company plans to open a total of 15 pubs in the current financial year.
Two leases at the National Exhibition Centre (NEC) in Birmingham have expired, with one of these sites reopening as a Wetherspoon franchise.
The group currently operates 11 franchised pubs, including five with Haven Holiday Parks, two with university student unions, and two managed by Papas, a family-owned restaurant group established in 1966. Three new franchised pubs have opened in the financial year so far, and the company expects a total of 15 franchised sites by year-end, with 12 additional openings planned.
Cautious Outlook Ahead of Budget Statement
In its outlook section, Wetherspoon noted that it remains pleased with ongoing sales momentum, while acknowledging external economic factors that may influence the remainder of the financial year. The company stated that it is adopting a slightly more cautious stance ahead of the upcoming UK Chancellor’s Budget announcement later this month.
JDW shares last traded at GBX 638.50 per share on 4 November 2025.