Founder and chairman Tim Martin said the firm expects annual profits to be ‘towards the top of market expectations’.
JD Wetherspoon has said soaring demand for Guinness from younger punters and recovering demand for ale helped the UK pub chain to higher sales over past three months.
Wetherspoons, which runs 809 pubs across the UK, said like-for-like sales increased by 5.2% over the 13 weeks to April 28 compared with a year earlier, with total sales up 3.3%. However, Wetherspoons stressed it was also impacted by the timing of the bank holiday weekend, which fell outside of the latest quarter this year but not a year earlier.Mr Martin said the group has benefited from the rocketing popularity of Guinness and a revival for some traditional ale.
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