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22.11 - 18:11
Wetherspoon’s sales below pre-Covid levels as older customers stay away
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Wetherspoon’s has suffered a slump in sales below pre-pandemic levels, which the pub chain’s chairman, Tim Martin, blamed on older customers staying away because of lingering caution about the danger of Covid-19 infection.
In the first 15 weeks of the financial year, sales were 8.9% below the same period of 2019, the last comparable period when trade was unaffected by coronavirus-related restrictions.
Shares in JD Wetherspoon fell 4% in early trading despite the 860-strong pub chain pointing out that 2019 had been a record year for sales and highlighting signs of recovery in some parts of the country, particularly outside London.
Wetherspoon’s said detailed figures on which drinks were selling well indicated that youngsters were flocking to
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