Wetherspoon sees record profit after breakfast boost
Pub chain Wetherspoon has reported record results with sales increasing by £41.2m to £996.3m for year to the end of July.
Profit before tax and exceptional items increasing by 7.3 per cent to £71m, compared with the same period last year.
The company said it was selling more 400,000 breakfasts and 600,000 coffees each week – an increase of 40 per cent.
Meanwhile in the six weeks to 5 September, like-for-like sales increased by 1.5 per cent and total sales by 7.6 per cent.
Chief executive Tim Martin said: “We continue to seek to make lots of small improvements in diverse areas of the business, creating momentum in the services and facilities offered to customers, as well as sales and profits for the company.”