Shares fall despite pub chain pointing out 2019 had been a record year and reporting signs of recovery
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.
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