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The pub chain said that in the 12 weeks to January 17th, like-for-like transactions were down 0.3 per cent as a result of the "adverse weather conditions".
However, it was mainly this 14-day period that affected the company, as figures for the ten weeks to January 3rd showed that like-for-like sales were up 1.2 per cent.
This was an improvement on the 0.3 per cent growth that came in the first quarter, which ended on October 25th 2009.
The news caused Wetherspoon shares to dip 1.08 per cent in the morning session of stock market trading today (January 20th), taking the price to 459.87p.
It added in its trading update that it is still confident of performing well over the year as a whole, due to "continuing sales growth and an increased opening programme".
Posted by Clive Arneil








