FoodBud
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RankingsInsightsMixue SeriesArchiveMethodologyDataSearch中文
FoodBud

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Company card

J D Wetherspoon plc

Medium
Brandest. scale

LSE Main Market JDW.L · Europe

Listing status
listed
Operating model
Direct / managed estate
Scale basis
Company-operated revenue (proxy)
Confidence
Medium
Segment
pub restaurant

Managed UK pub/restaurant estate; use managed pubs for revenue productivity and retain franchise pubs as footprint context.

Scale basis note

Revenue from company-operated restaurants (mostly-owned estates). Useful for accounting scale, not directly comparable with GMV/system sales.

Compare this operator
Every number has a source row

Metrics below keep source tier, quality, period, and source link visible at the metric level.

Source tiers
S1Official primary — filings, annual reports, prospectuses
S2Official secondary — IR decks, transcripts
S3Supplementary — vetted media, databases
S0Not usable — flagged, never published

Source tiers — S1 official primary · S2 official secondary · S3 supplementary · S0 not usable. Open “Provenance” on any number for its tier, basis, precision, and do-not-use note.

GMV is not revenue

GMV/system sales, revenue, and royalty pool sales are separate scale bases. Screening proxies are directional only.

MetricValuePeriod / basisQualitySource
Stores
Reported restaurant, coffee shop, tea shop, bakery, or comparable chain units.
794 stores
FY2025 (52 weeks ended 27 July 2025): At the end of the period 794 managed pubs were trading.
Source-backed
S2 official secondary (opens in new tab)
Press Or Ir · At the end of the period 794 managed pubs were trading.
Provenance
Tier: S2 official secondary
Source: Press Or Ir
Scale
Revenue from company-operated restaurants (mostly-owned estates). Useful for accounting scale, not directly comparable with GMV/system sales.
$2.76B
FY2025 (52 weeks ended 27 July 2025): Revenue £2,127.5m (2024: £2,035.5m) … a 4.5% increase
Company-operated revenue (proxy)Revenue from company-operated restaurants (mostly-owned estates). Useful for accounting scale, not directly comparable with GMV/system sales.
Source-backed
S2 official secondary (opens in new tab)
Press Or Ir · Revenue £2,127.5m (2024: £2,035.5m) … a 4.5% increase
Provenance
Tier: S2 official secondary
Source: Press Or Ir
Basis: Company-operated revenue (proxy)
Precision: Estimated
Scale per store
Screening proxy: scale divided by store count. It is not audited AUV or unit profit.
$3.48M
Screening proxyest.
Derived scale_per_store using scale ÷ store_count at the linked scale basis; not a separately reported company metric.
Company-operated revenue (proxy)Revenue from company-operated restaurants (mostly-owned estates). Useful for accounting scale, not directly comparable with GMV/system sales.
Source-backed
S1 official primary (opens in new tab)
Operator Metric Source · Source used for operator metric extraction.
Provenance
Tier: S1 official primary
Source: Operator Metric Source
Basis: Company-operated revenue (proxy)
Precision: Derived
Profit signal
Profit signal from the source period. Read with local accounting and segment mix in mind.
$91.23M
FY2025 (52 weeks ended 27 July 2025): Profit for the period £67,991,000 … Profit before tax £81.4m (2024: £73.9m) … Basic earnings per share 50.8p
Profit-positiveScale basis not specified. Use as a screening signal until a source pack is attached.
Source-backed
S2 official secondary (opens in new tab)
Press Or Ir · Profit for the period £67,991,000 … Profit before tax £81.4m (2024: £73.9m) … Basic earnings per share 50.8p
Provenance
Tier: S2 official secondary
Source: Press Or Ir
Basis: Profit-positive
Revenue
Source-backed operating metric from the locked research snapshot.
$2.85B
GBP 2,127.524 million FY2025 ended 2025-07-27 revenue/sales.
Revenue proxyRecognized company revenue. Useful for accounting scale, but not directly comparable with GMV/system sales.
Source-backed
S1 official primary (opens in new tab)
Operator Metric Source · Source used for operator metric extraction.
Provenance
Tier: S1 official primary
Source: Operator Metric Source
Basis: Revenue proxy
Precision: Source-backed

Market data (listed companies)

Market valuation · fluctuates · not operational scale · do not compare with GMV / system sales. Listed companies only.

MetricValuePeriod / basisQualitySource
Market cap
Public market capitalization captured in the locked source snapshot.
$852.29M
May 22, 2026: J D Wetherspoon has a market cap or net worth of 725.1 million as of June 24, 2026. Stock price 699.50 GBX.
Market cap (USD)Scale basis not specified. Use as a screening signal until a source pack is attached.
Source-backed
S3 supplementary (opens in new tab)
Media Or Aggregator · J D Wetherspoon has a market cap or net worth of 725.1 million as of June 24, 2026. Stock price 699.50 GBX.
Provenance
Tier: S3 supplementary
Source: Media Or Aggregator
Basis: Market cap (USD)
Precision: Market snapshot · not operational scale
⚠ Do not use for: Market valuation · not operational scale · never compare with GMV/system sales

Operator profile

8/18 source-backed

Classification, firmographics, ownership and operating dimensions — source-backed where disclosed, marked as a gap (never inferred) where not.

Format & positioning
Cuisine (primary)
casual varied
Cuisine (secondary)
not disclosed
Service model
casual diningtier3_reference (opens in new tab)
Price tier
valuetertiary (opens in new tab)
Company
Founded
1,979secondary (opens in new tab)
HQ country
United Kingdomsecondary (opens in new tab)
CEO
John Hutsonsecondary (opens in new tab)
Employees
42,043 headcountsecondary (opens in new tab)~
Ownership
Parent
Independent / public-standalone (J D Wetherspoon plc; LSE:JDW)news (opens in new tab)
PE / holding
Founder/Chairman Tim Martin — largest shareholder ~24.6% (May 2025); significant founder holding, not a controlling majoritynews (opens in new tab)
Recent M&A
not disclosed
Growth
Revenue YoY
4.5%S1 official primary (opens in new tab)
Pricing & digital
Avg check
not disclosed
Digital sales
not disclosed
Loyalty members
not disclosed
Franchise terms
Royalty
not disclosed
Franchise fee
not disclosed
By-market footprint
Europe
794 storesS1 official primary (opens in new tab)

Store counts by market/region — footprint context, not a same-basis comparison.

Disclosed store model

disclosed11/12 source-backed

Company-operated vs franchised footprint, AUV and store-level economics — taken verbatim from each operator's own filing, never inferred. A separate axis from company scale and single-store economics.

Total stores
794 stores
794 managed pubs trading at 2025-07-27; 8 franchised pubs separately disclosed for total footprint context
Source-backedS1 official primary (opens in new tab)
Operational scale
$2.8B
Company revenue proxy: GBP 2,127.524 million FY2025 ended 2025-07-27; use with profit and unit context.
Source-backedS1 official primary (opens in new tab)
Revenue
$2.9B
GBP 2,127.524 million FY2025 ended 2025-07-27 revenue/sales.
Source-backedS1 official primary (opens in new tab)
Company-operated
see brand drilldown
Franchised
see brand drilldown

Brand drilldown

non-additive

Per-brand detail — NOT additive (brands may use different bases / periods) and NOT counted in rankings. Listed for transparency only.

market jdw l j d wetherspoon plc
Direct vs franchise split
99.6% direct
FY2024 (52 weeks to 28 July 2024)
Source-backedS1 official primary (opens in new tab)
AUV — average unit volume
2.54 GBP million/pub/year
FY2024 (52 weeks to 28 July 2024)
Source-backedS1 official primary (opens in new tab)
Same-store sales
7.6%
FY2024 (52 weeks to 28 July 2024)
Source-backedS1 official primary (opens in new tab)
Unit profit margin
6.9% (before separately disclosed items)
FY2024 (52 weeks to 28 July 2024)
Source-backedS1 official primary (opens in new tab)
Net store movement
-25 net pubs
FY2024 (52 weeks to 28 July 2024)
Source-backedS1 official primary (opens in new tab)
J D Wetherspoon plc
Operating margin
6.9%
FY2024
Source-backedS1 official primary (opens in new tab)
Food cost %
32.7%
FY2024
Source-backedS1 official primary (opens in new tab)
Labor cost %
38.6%
FY2024
Source-backedS1 official primary (opens in new tab)
Rent cost %
3.6%
FY2024
Source-backedS1 official primary (opens in new tab)

Single-store model

5/8 source-backed

Unit economics are a separate axis from company-level scale — never read as the same number. Each field keeps its source, period, and quality; derived/estimated rows and gaps are marked.

AUV / unit sales
Year-end pub count; pub count fell during year (disposals).
~£2.54m annual sales per pub (~£48,900/week), revenue £2,035.5m / 800 pubs at year-end. Avg-of-start/end basis ~£2.51m (~£48,200/wk).
FY2024 (52 weeks to 28 July 2024)
Source-backedS1 official primary (opens in new tab)
Single-store profit
Group margin, not single-store. Statutory PBT after SDI £60.6m (£13.3m SDI loss).
Operating profit before SDI £139.5m on £2,035.5m = 6.9% (2023: 5.6%). After SDI op profit £142.6m (~7.0%). PBT before SDI £73.9m; statutory PBT after SDI £60.6m.
FY2024 (52 weeks to 28 July 2024)
Source-backedS1 official primary (opens in new tab)
Initial investment
'new pubs and extensions' line is blended.
—
FY2024 (52 weeks to 28 July 2024)
GapS1 official primary (opens in new tab)
Franchise fee / royalty
Franchise exists but negligible; no fee economics.
—
FY2024 (52 weeks to 28 July 2024)
GapS1 official primary (opens in new tab)
Payback period
Genuine gap.
—
FY2024 (52 weeks to 28 July 2024)
GapS1 official primary (opens in new tab)
Same-store sales
'+7.7% to 7 July' figure was a 10-week pre-close update; full-year audited LFL +7.6%.
LFL sales +7.6% vs FY23. By category: bar +8.9%, food +5.6%, slot/fruit machine +10.8%, hotel rooms +2.7%. LFL > total sales growth (+5.7%) due to disposals.
FY2024 (52 weeks to 28 July 2024)
Source-backedS1 official primary (opens in new tab)
Store open / close
800 = managed estate; 3 franchised tracked separately.
Opened 2 managed pubs (Star Light Heathrow; Captain Flinders Euston). Sold 18 pubs + terminated 9 leases (27 exits). Net -25: 825 (FY23) -> 800 (FY24). Disposals £8.9m cash inflow; £13.4m exceptional loss. Separately 1 franchised pub opened (3rd franchise).
FY2024 (52 weeks to 28 July 2024)
Source-backedS1 official primary (opens in new tab)
Company-operated share
Brief expected '100% no franchise' - accurate to ~0.4%.
~99.6% direct/company-operated: 800 managed pubs vs 3 franchised (800 of 803 = 99.6%). 72% of pubs freehold (vs 41% in 2010).
FY2024 (52 weeks to 28 July 2024)
Source-backedS1 official primary (opens in new tab)

Cost structure

4/6 source-backed

Where each revenue dollar goes, latest disclosed year. Slices use each operator's reported base — % of revenue unless the row notes otherwise (% of GMV, restaurant-level, franchise goods-supply COGS). Grey = not separately disclosed. This is a separate axis from company scale and single-store economics.

Food / COGS32.7%
FY2024· cost of inventory (bar+food+drink)S1 official primary (opens in new tab)Source-backed
UK pubs. Rev GBP2,035.5m. Inventory 32.7/employee 38.6/rent 3.6 (freehold understates; ROU amort 36.8m separate). No marketing/delivery. Op margin before SDI 6.9%.
Labor38.6%
FY2024S1 official primary (opens in new tab)Source-backed
UK pubs. Rev GBP2,035.5m. Inventory 32.7/employee 38.6/rent 3.6 (freehold understates; ROU amort 36.8m separate). No marketing/delivery. Op margin before SDI 6.9%.
Rent / occupancy3.6%
FY2024· total rent cash outflows (mostly freehold; ROU amort separate)S1 official primary (opens in new tab)Source-backed
UK pubs. Rev GBP2,035.5m. Inventory 32.7/employee 38.6/rent 3.6 (freehold understates; ROU amort 36.8m separate). No marketing/delivery. Op margin before SDI 6.9%.
Delivery commission—
FY2024Gap
UK pubs. Rev GBP2,035.5m. Inventory 32.7/employee 38.6/rent 3.6 (freehold understates; ROU amort 36.8m separate). No marketing/delivery. Op margin before SDI 6.9%.
Marketing—
FY2024Gap
UK pubs. Rev GBP2,035.5m. Inventory 32.7/employee 38.6/rent 3.6 (freehold understates; ROU amort 36.8m separate). No marketing/delivery. Op margin before SDI 6.9%.
Operating margin6.9%
FY2024· groupS1 official primary (opens in new tab)Source-backed
UK pubs. Rev GBP2,035.5m. Inventory 32.7/employee 38.6/rent 3.6 (freehold understates; ROU amort 36.8m separate). No marketing/delivery. Op margin before SDI 6.9%.
Not separately disclosed18.2%

Supply chain

6 suppliers · 0 with S1 filing

Who supplies this brand — reverse-extracted from each supplier's own filing (top-customer / related-party disclosure). The % is the supplier's revenue share from this brand (supplier-side, not procurement spend), unless a note says otherwise. Each edge keeps its period, source tier, and audit link; named relationships without a disclosed % are shown as such.

Anheuser-Busch InBev / Budweiser Brewing Group UK&IEBR:ABI
Ingredients
discloses as: J D Wetherspoon plc
—named (no % disclosed)S3 newssource (opens in new tab)
Heineken N.V.AMS:HEIA
Ingredients
discloses as: J D Wetherspoon plc
—named (no % disclosed)S3 newssource (opens in new tab)
Lavazza (Luigi Lavazza S.p.A.)
Ingredients
discloses as: J D Wetherspoon plc
—named (no % disclosed)S3 newssource (opens in new tab)
Twinings (Associated British Foods plc)LON:ABF
Ingredients
discloses as: J D Wetherspoon plc
—named (no % disclosed)S3 newssource (opens in new tab)
DHL Supply Chain (Deutsche Post DHL Group)ETR:DHL
Logistics / cold chain
discloses as: J D Wetherspoon plc
—named (no % disclosed)S3 newssource (opens in new tab)
Bunn (Bunn-O-Matic Corporation)
Tech / SaaS
discloses as: J D Wetherspoon plc
—named (no % disclosed)S3 newssource (opens in new tab)

Peers in this segment

Mitchells & Butlers plcCompany-operated revenue (proxy)

Same segment — each operator keeps its own scale basis; this is navigation, not a like-for-like comparison.