Latest news for Wetherspoon (J D) (OTC:JDWPY) Stock

Wetherspoon (J D)

J D WETHERSPOON ADR

Wetherspoon (J D) PLC owns and operates close to 1,000 pubs throughout the United Kingdom and Ireland. The pubs generate nearly all of the company's total revenue, but it also has a very small hotel business. Its locations are in or near town centres or in suburban locations. It also has pubs in airports and railway stations. The company leases roughly half of its locations and owns the other half. Most of its pubs operate under individual brand names. Brands with multiple locations include Wetherspoon's and Moon Under Water.

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J.D. WETHERSPOON S/ADR by J.D. Wetherspoon PLC

Wetherspoon (J D) PLC

JD Wetherspoon PLC (OTC: <a class="ticker" href="/stock/jdwpy#OTC">JDWPY</a>) reported a rise in its pretax profit for the 26 weeks ended January 25, 2015.
Wetherspoon posted a pretax profit of 37.5 million pounds ($56 million) for the half year, versus a year-ago profit of GBP36 million. Excluding exceptional items, the company's pretax profit declined to GBP37.5 million, versus GBP37.8 million.
Profit surged to 27.82 million pounds for the same period, versus 26.04 million pounds. EPS rose to 22.6 pence from 20.7 pence, while EPS, before exceptional items, gained to 22.6 pence from 22.1 pence.
Revenue surged 9% to GBP744.4 million from GBP683.2 million, while like-for-like sales rose 4.5%. 
The company maintained its interim dividend of 4.0 pence per share.
Tim Martin, Chairman of J D Wetherspoon plc, said, "The first half of the financial year resulted in a reasonable sales performance and free cash flow, although our profit was under pressure from areas which included increased competition from supermarkets and increased pay and bonuses for pub staff."
JD Wetherspoon shares fell 3.45% to close at $60.72 yesterday.

Analysts at HSBC upgrade JD Wetherspoon (OTC: JDWPY) from "underweight" to "neutral."
JDWPY’s shares closed at $39.75 yesterday. <a href="http://www.benzinga.com/analyst-ratings">More Analyst Ratings here</a>

JD Wetherspoon PLC (OTC: <a class="ticker" href="/stock/jdwpy#OTC">JDWPY</a>) reported a rise in its pretax profit for the 26 weeks ended January 25, 2015.

Wetherspoon posted a pretax profit of 37.5 million pounds ($56 million) for the half year, versus a year-ago profit of GBP36 million. Excluding exceptional items, the company's pretax profit declined to GBP37.5 million, versus GBP37.8 million.

Profit surged to 27.82 million pounds for the same period, versus 26.04 million pounds. EPS rose to 22.6 pence from 20.7 pence, while EPS, before exceptional items, gained to 22.6 pence from 22.1 pence.

Revenue surged 9% to GBP744.4 million from GBP683.2 million, while like-for-like sales rose 4.5%. 

The company maintained its interim dividend of 4.0 pence per share.

Tim Martin, Chairman of J D Wetherspoon plc, said, "The first half of the financial year resulted in a reasonable sales performance and free cash flow, although our profit was under pressure from areas which included increased competition from supermarkets and increased pay and bonuses for pub staff."

JD Wetherspoon shares fell 3.45% to close at $60.72 yesterday.

Analysts at HSBC upgrade JD Wetherspoon (OTC: JDWPY) from "underweight" to "neutral."

JDWPY’s shares closed at $39.75 yesterday. <a href="http://www.benzinga.com/analyst-ratings">More Analyst Ratings here</a>

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