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Re: JDW Stream Log
11:55 09/06/2016
Simbrad
0 replies 0 0

AlphaValue's note out this morning on Research Tree: "JD Wetherspoon (JDW) reported Q3 16 results (13 weeks to 24 April 2016) which were slightly better than our estimates. The lfl revenue was up by 3.8% (our estimate: 2.8%) and total sales increased by 5.5% (vs Q2 16: 6.3%, Q1 16: 6.1%; our estimate: 4.6%). The operating margin declined to 6.4% (-110bp yoy, +10bp qoq, vs our estimate: 6.6%) on the back of a c.8% increase in hourly wages since August 2015. On a ytd basis, the lfl revenue increased by 3.2% (-40bp yoy) and total sales was up 5.9% (-200bp yoy)."

JDW Stream Log
11:55 09/06/2016
dtmbot
1 reply 0 0

Welcome to the new Wetherspoon (J D) stream forum! Messages posted in the Wetherspoon (J D) stream will be logged here for posterity.

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