J D Wetherspoon Full Year 2024 Earnings: EPS: UK￡0.41 (vs UK￡0.47 in FY 2023)
J D Wetherspoon (LON:JDW) Full Year 2024 Results
Key Financial Results
Revenue: UK￡2.04b (up 5.7% from FY 2023).
Net income: UK￡48.8m (down 18% from FY 2023).
Profit margin: 2.4% (down from 3.1% in FY 2023). The decrease in margin was driven by higher expenses.
EPS: UK￡0.41 (down from UK￡0.47 in FY 2023).
JDW Sales Performance and Store Count
Same store sales growth: 7.6% vs FY 2023.
Total stores: 800 (down by 26 from FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
J D Wetherspoon Earnings Insights
In the last 12 months, the only revenue segment was Pubs contributing UK￡2.04b. Notably, cost of sales worth UK￡1.80b amounted to 88% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Depreciation & Amortisation (D&A) costs, amounting to UK￡100.4m (53% of total expenses). Explore how JDW's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Hospitality industry in the United Kingdom.
Performance of the British Hospitality industry.
The company's shares are down 1.4% from a week ago.
Valuation
Following the latest earnings results, J D Wetherspoon may be undervalued based on 6 different valuation benchmarks we assess. You can access our in-depth analysis and discover what the outlook is like for the stock by clicking here.
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