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U.K. Pub Owner Wants Drinkers to Raise a Glass

Barron's, 2022-08, Vol.102 (35), p.31-31

Copyright Dow Jones & Company Inc. Aug 29, 2022 ;ISSN: 1077-8039 ;EISSN: 2769-9692

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  • Title:
    U.K. Pub Owner Wants Drinkers to Raise a Glass
  • Author: Steiner, Rupert
  • Subjects: Cost control ; Inflation ; Market shares
  • Is Part Of: Barron's, 2022-08, Vol.102 (35), p.31-31
  • Description: The company's fundamentals that set it apart from rivals-it has a niche selling inexpensive pints of beer in unfussy venues-remain solid. Harishankar Ramamoorthy, an analyst at Deutsche Bank, wrote in a note that if inflation is prolonged, pubs will need to increase prices. Alex Chatterton, an analyst at broker Panmure Gordon, calculates that the number of Wetherspoon pubs during this period has increased to 872 from 67, boosting its market share to 1.9% from 0.1%.
  • Publisher: New York, N.Y: Dow Jones & Company Inc
  • Language: English
  • Identifier: ISSN: 1077-8039
    EISSN: 2769-9692
  • Source: ProQuest Central
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