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Pubs group toasts festive boost

Pubs group toasts festive boost
Pubs group toasts festive boost

Pubs group toasts festive boost

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Thirsty drinkers have boosted sales over the Christmas and New Year period at pubs group JD Wetherspoon.

The company said like-for-like sales grew by 4.9% in the 25 weeks to 18 January, up from 4.2% growth in the previous quarter.

Wetherspoon added that it had managed to boost sales without having to resort to cutting prices.

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The group said that total sales growth had slowed due to fewer pub openings and a handful of disposals.

Total sales grew by 11% over the festive period, down slightly from the 12% growth recorded in the previous quarter.

Wetherspoon said last year that more red tape and taxation would force it to reduce its growth rate.

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