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JD Wetherspoon says it is facing a huge increase in costs with energy up 80 per cent and wages up more than 60 per cent, ...
J D Wetherspoon cautions profits may miss market estimates due to higher costs and consumer slowdown, as the UK hospitality sector faces new challenges.
Shares in the country’s best-known pub chain have tumbled after profit failed to meet expectations even after they were downgraded.
Shares in Wetherspoon fell over 11% on Friday after the pub group published its latest half-year results.
JD Wetherspoon (LON:JDW) warned on Friday that full-year profit would fall short of market expectations after first-half pretax profit dropped 32%, as wage and en ...
Pubs group J D Wetherspoon issued a warning to the market after increased costs including wages, repairs, and business rates saw half-year profits tumble by almost a third.
JD Wetherspoon PLC on Friday said that annual profit could fall short of market expectations, as the pub firm grapples with higher costs and warned that there is "considerable pressure on consumer ...
It comes despite like-for-like sales rising by five per cent at the pub chain, surpassing the industry trend ...
A rising tide of costs leaves the group increasingly struggling to keep its head above water. Spoons had previously advised that profits were likely to be lower this year, and that unfortunate ...
Sir Tim Martin, the Wetherspoons chairman, said said surging oil prices would ‘soon end up in the price of a pint’ The war in ...