Hotels, Restaurants and Leisure
Company Overview of J D Wetherspoon plc
J D Wetherspoon plc owns and operates pubs in the United Kingdom. As of December 29, 2014, it operated approximately 927 pubs, which offer food and drinks. The company also operates hotels and bars. J D Wetherspoon plc was founded in 1979 and is headquartered in Watford, the United Kingdom.
Watford, WD24 4QL
Founded in 1979
Key Executives for J D Wetherspoon plc
Chief Executive Officer, Member of Management Board and Director
Total Annual Compensation: $497.0K
Personnel & Legal Director, Member of Management Board and Executive Director
Total Annual Compensation: $276.0K
Compensation as of Fiscal Year 2014.
J D Wetherspoon plc Key Developments
JD Wetherspoon to Open Three New Pubs in Ireland
May 20 15
JD Wetherspoon is to open three new pubs in the Republic of Ireland in the coming months. The company is to invest more than EUR 6 million on developing the new pubs and will create approximately 150 jobs. The new pubs will be the Great Wood in Blanchardstown (June 23, 2015) and The Old Borough in Swords (July 21, 2015), as well as The Linen Weaver in Cork (September 1, 2015).
Howe & Co Wins against Kingsley Napley on Wetherspoon Traveller Racism Row
May 19 15
Kingsley Napley client JD Wetherspoon has been ordered to pay £24,000 to a number of Irish travellers represented by Howe & Co following a Central London County Court ruling of "direct racial discrimination" by the pub chain on 18 May 2015. Howe & Co was instructed by the Traveller Movement Charity and 18 further claimants who said they were denied access to a north London branch of the pub because of their race. Howe & Co founding partner Martin Howe, who led the case, was also one of the 19 claimants in his role as trustee of the Traveller Movement Charity. The incident happened in November 2011 at the Coronet on Holloway Road when a group of delegates from the Traveller Movement's annual conference, including Howe, attempted to enter the pub but were stopped by door staff. The Traveller Movement instructed Howe & Co to bring the class action against the pub under the Equality Act 2010. Wetherspoon has also been ordered to pay the claimants' legal costs totaling more than £700,000.
J D Wetherspoon plc Announces Interim Management Statement for the 13 Weeks and 39 Weeks Period to 26 April 2015; Provides Earnings Guidance for the Fiscal 2015
May 6 15
J D Wetherspoon plc announced interim management statement for the 13 weeks and 39 weeks period to 26 April 2015. For the 13 weeks to 26 April 2015, like-for-like sales increased by 1.7%, and total sales increased by 5.8%. The operating margin in the 13 weeks to 26 April 2015 was 7.5%, compared with 8.0% in the same period last year.
In the year to date (39 weeks to 26 April 2015), like-for-like sales increased by 3.6% and total sales increased by 7.9%.
At this stage the company expects the full-year margin to be in the region of 7.3% to 7.7%.
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