Pub operator Wetherspoon to seek debt waivers as sales remain weak

British pub operator Wetherspoon said on Wednesday it plans to discuss debt waivers with its lenders for the next financial year, as like-for-like sales continued to fall despite the easing of pandemic restrictions.

The company said like-for-like bar and food sales slipped 49% between April 12 and May 16, a period when outdoor dining was permitted, while sales were still down 14.6% between May 17 and July 4 when pubs were fully open.

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