J D Wetherspoon Full Year 2024 Earnings: EPS: UK£0.41 (vs UK£0.47 in FY 2023)

editorial-team@simplywallst.com (Simply Wall St)
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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).

revenue-and-expenses-breakdown
revenue-and-expenses-breakdown

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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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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