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UK pub operator Wetherspoon’s annual loss narrows
2022.10.07 02:35
© Reuters. FILE PHOTO: Signage is seen on a window of a closed Wetherspoon pub, as J D Wetherspoon posted its first annual loss since 1984 as coronavirus cases rise in London, Britain, October 16, 2020. REUTERS/Toby Melville
(Adds dateline)
(Reuters) -Britain’s J D Wetherspoon annual loss narrowed compared with a year ago when sales were dented by COVID-19 lockdowns.
The pub group, often referred to simply as “Spoons” by its younger customers, reported a loss of 30.4 million pounds ($33.96 million) for the 12 months ended July 31 compared to 154.7 million loss last year.
($1 = 0.8951 pounds)
