Pub chain JD Wetherspoon gets festive sales boost

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JD Wetherspoon is toasting another surge in Christmas sales - after it opened its latest pub at a motorway services station.

Like-for-like sales for the 12 weeks to January 19 were up 6.7 per cent while they were 5.2 per cent ahead over the 25-week period to that date.

However the group warned that operating margins will be squeezed for the first half of the financial year due to increased investment, including training, IT and staff.

Gareth Harris of RSM Restructuring Advisory LLP

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