AI Analysis
Log in to generate an AI summary for this stock.
Log in to generate a MOAT report for this stock.
Log in to generate an earnings report for this stock.
Log in to generate an operating leverage report for this stock.
Log in to generate a management report for this stock.
Log in to generate a valuation report for this stock.
J D Wetherspoon plc
Video analysis: JDWPY
All videosNo video analysis for this stock yet. Request one from our team.
News: JDWPY
JD Wetherspoon shares sink after another profit warning: why are UK pubs struggling?
JD Wetherspoon shares fell about 9% on Wednesday after the pub chain warned that full-year profits are likely to come in below market expectations, marking its fourth profit warning in just seven months as persistent cost pressures continue to weigh on Britain's hospitality sector. The FTSE 250 company said sales remained resilient, but higher spending on food, labour, repairs, energy and business rates eroded profitability during the final quarter of the financial year.
Wetherspoon's warns on profits as most costs rise
JD Wetherspoon PLC (LSE:JDW) has again warned that profits will come in below market expectations due to intensifying cost pressures, despite another quarter of steady top-line growth. In a terse statement covering trading in the 12 weeks to 19 July, the pub chain reported like-for-like sales growth of 4.0%, taking year-to-date like-for-like growth to 4.2%.
