Even Wetherspoons may be drowning its sorrows this year

The ever-profitable pub chain has delayed its results to this week. If it’s bad news, what does that mean for the sector?

When companies postpone their annual results, it isn’t usually because they need a bit more time to cram in all the good news.

Pub chain Wetherspoons should have had its numbers out by now but instead pushed the financial statement back to the coming Friday. Given the storm clouds hanging over the pubs trade – what with curfews, regional “circuit breakers” and social distancing – it’s bound to be a more sombre affair than usual.

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from The Guardian https://ift.tt/3nCRwPr

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