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Wetherspoon (LSE:JDW) Reports 6% Revenue Growth in FY24: Key factors that drove this rise

Sat 12 Oct 24, 07:53 AM |

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Highlights

Wetherspoon (JD) PLC (LSE: JDW) is a pub operator across the United Kingdom and Ireland. It has a market cap of GBP 902.44mn and is listed on the FTSE 250 index.

In FY24, the company reported revenue of GBP 2,035.50 million, reflecting a year-on-year increase of 5.7% compared to FY23. This growth was led by like-for-like (LFL) sales, which rose by 7.6%. Notable increases were seen in various segments, with bar sales climbing by 8.9%, food sales by 5.6%, slot, and fruit machine sales by 10.8%, and hotel room sales by 2.7%.

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